Describes the economic development of Latvia, a small Eastern European country on the Baltic Sea, from independence in 1991 to the European Union (EU) in 2004, and established on May 1, 2004, the day of Latvia became a member of the EU. Latvia has achieved strong growth since independence from the Soviet Union in 1990. Describes Latvia's economic development during this period, discussing economic policy efforts that have taken place and includes general information about the country, its history and politics, and the business environment that the company faced in 2004. Special attention is paid to the influence that the EU accession process has on the Latvian economy and economic policy choices in the country. Problems of students to discuss how changes in the environment, such as membership in the EU will be achieved, and what the new priorities of the country, you may need to determine their economic policy. "Hide
by Michael E. Porter, Christian HM Ketels Source: Harvard Business School 32 pages. Publication Date: February 7, 2007. Prod. #: 707515-PDF-ENG