Latvia: 20 Years to Trade Economic Independence for Political Sovereignty

What happens to a country which suddenly is free to govern its own territory and people? What is the biggest fear?Is it the inability to satisfy its population or a threat from the former conqueror?Should a country opt for the ‘shock therapy’ or experience gradual changes? How to deal with the privatization of state-owned institutions? The following lines objectively question how the well-being of the East-European nation has changed in 20 years since the collapse of the Soviet Union, and on the way to EU.

Eva Maurina, Vienna University of Economics and Business, Vienna

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The International Institute for Middle-East and Balkan Studies (IFIMES) in Ljubljana, Slovenia, regularly analyses events in the Middle East and the Balkans. Eva Maurina from the Vienna University of Economics and Business, Vienna (Austria) has analysed the example of the former Soviet Union country Latvia - how the well-being of the East-European nation has changed in 20 years since the collapse of the Soviet Union, and in the course of the country’s integration into the EU. Her article entitled “Latvia: 20 Years to Trade Economic Independence for Political Sovereigntyyou can find in the attachment below.



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