Welcome and Don’t Forget Your Wallet!
Today, we can only laugh at our ancestors, the book copyists, who were fighting against the printing press, because it was taking their jobs and incomes. Our successors will once laugh at our silly ideas.
Latvia
The Latvian Way: How to Increase the Effective Retirement Age?
Since regaining independence some twenty years ago Latvia, a small, open economy has been tormented by three economic crises: first one resulting from the economic transition (institutional change from centrally planned to free market economy), second, in 1998, being transmitted from Russia, and the last one being part of the recent global recession. Despite these circumstances, Latvia has successfully conducted reforms aimed at elicitation of the labour force (i.e. increasing the labour force participation rate…
People in the Baltic Countries See the Same Causes of Smuggling – High Taxes and Low Income
Lithuanians, Latvians and Estonians think that the primary cause of smuggling is taxes higher than the living standards in these countries, which generates differences in prices
