Latvia's Recession and Recovery: Are There Lessons for the Eurozone?

21:34 20/4/2012 - Πηγή: NewsNow
ΠΗΓΗ: CEPRApril 11, 20121 - 2:30 p. m. AFSCME1st Floor Board Room1625 L Street, NWWashington, D. C. , 20036Latvia suffered some of the worst losses of output and employment during the world financial crisis and recession (2008-2009), pursuing a strategy of "internal devaluation" while keeping its currency pegged to the euro.
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