Open AccessAIM OF LATVIA FOR NEXT 20 YEARS
Author(s) -
Jānis Strazdiņš
Publication year - 2009
Publication title -
latgale national economy research/latgales tautsaimniecības pētījumi
Language(s) - English
Resource type - Journals
eISSN - 2256-0955
pISSN - 1691-5828
DOI - 10.17770/lner2009vol1.1.1766
Subject(s) - latvian , production (economics) , work (physics) , business , order (exchange) , economic system , economics , finance , macroeconomics , engineering , mechanical engineering , philosophy , linguistics
The aim of the article is to present some main financial causes and effects of „bubble economy”, critically evaluate the utilization of Latvian internal financial resources as a base for transfer to production economy and work morale in long term. The article provides practical solutions on mobilising Latvian internal financial resources through internal borowing in order to facilitate transfer from speculative to production type economy.