Open AccessGLOBALISATION PROCESSES IMPACT ON LATVIAN INSURANCE MARKET DEVELOPMENT
Author(s) -
Jeļena Volkova,
Ēvalds Višķers
Publication year - 2017
Publication title -
periodyk naukowy akademii polonijnej
Language(s) - English
Resource type - Journals
eISSN - 2543-8204
pISSN - 1895-9911
DOI - 10.23856/2114
Subject(s) - latvian , globalization , context (archaeology) , business , economic geography , international trade , economics , economic system , economy , market economy , geography , philosophy , linguistics , archaeology
In globalization circumstances the economy of each country is viewed and evaluated not only individually, but also in global and regional context. It allows determining the level of development of a definite country in comparison with global, regional and other countries’ indices, its impact and contribution to the global economy, as well as it helps to detect global and regional impact on the economy of a definite country. The authors identified factors affecting the insurance industry, have analized the possibility of business environment to adapt and determined development potential of the Latvian market in context of globalization.