Does the state have a role in helping Latvia exit this crisis?

  • 2010-01-28
It is commonly believed that the Chinese word for ‘crisis’ (Wei-Ji) is the combination of ‘danger’ (Wei) with ‘opportunity’ (Ji). Another interpretation is that the meaning of Ji in Wei-Ji is closer to the ‘crucial point.’ Whatever the correct meaning is, a time of crisis represents both ideas. It is a ‘crucial point’ in the sense that something is wrong and thus must be changed; at the same time it represents the opportunity to change things for the better. In other words, it is time to learn from past mistakes, to challenge cu...
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