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The prime minister co-authored the book with a prominent Swedish economist.
RIGA -- Latvian Prime Minister Valdis Dombrovskis has officially released a new book, titled "How Latvia came through the financial crisis”, that he co-authored with Swedish economist Anders Aslund.
“In the first half of 2009, Latvia was often in the news as the country worst affected by the global financial crisis and speculation reigned that it could be financially hazardous for the whole north European region. Today, Latvia stands out as an example of how crises should be resolved: early, fast, and surgically, mobilizing popular understanding and support,” the book says.
The book has already received positive reviews from a number of European leaders and analysts.
Commenting on the book, The European People`s Party president Wilfried Martens states that “The book offers a rare insider’s look at how a national government responded to the global financial crisis, made tough choices and led the country back to economic growth. This fantastic book is a dramatic story of success and resolution.”
The book “How Latvia Came through the Financial Crisis” is published by the Peterson Institute of International Economics, a private, nonprofit, nonpartisan research institution devoted to the study of international economic policy. Since 1981 the Institute has provided timely and objective analysis of, and concrete solutions to, a wide range of international economic problems.