Crisis and state reform in Latvia Part II

  • 2010-12-08
At this moment, Latvia’s most important political task is to establish a program of state reform. At the international level, between the 1930s and the 1960s, the state was a strong factor for promoting economic development. During this period, the level of economic and social welfare achieved levels never seen before. Nevertheless, in the beginning of the 1970s the state’s exaggerated growth resulted in barriers to economic development. In other words, in inflation, stagnation, and unemployment. From the political side, the answer was the establishment of neo-conservatism as...
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