Growth doubtful without policy stance

  • 2012-01-18
  • From wire reports
RIGA - With the help of industrial policy, the proportion of the manufacturing industry in the total added-value in the economy must be increased from the current 14.2 percent to 20 percent by 2020, believes Economy Minister Daniels Pavluts, reports “At the moment, Latvia has restored its financial stability, and moderate, yet balanced, economic growth has begun. However, the moderate growth scenario envisages that we will reach the European Union’s average welfare level in the extremely distant future. For Latvia to develop faster and reach Europe’s average ...
The article you requested can be accessed only by subscribing to the online version of The Baltic Times. If you are already subscribed to The Baltic Times, please authorize yourself.

In case you don't have a subscription yet - please visit our SUBSCRIPTION section