AIM OF LATVIA FOR NEXT 20 YEARS

Jānis Strazdiņš

Abstract


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.

Keywords


speculative economy; production economy; aim of Latvia; improvement of banking legislation

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References


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DOI: http://dx.doi.org/10.17770/lner2009vol1.1.1766

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