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28 relations: Baltic states, Baltic states housing bubble, BBC, Bloomberg L.P., CBC News, Center for Economic and Policy Research, Christine Lagarde, Economic growth, Economy of Latvia, European Union, Eurostat, Financial crisis of 2007–2008, Great Recession in Russia, Gross domestic product, HuffPost, Internal devaluation, International Monetary Fund, Ivars Godmanis, Latvia, LETA, List of banks acquired or bankrupted during the Great Recession, Member state of the European Union, Moody's Investors Service, Nationalization, Parex Bank, Prime Minister of Latvia, Standard & Poor's, 2008–2011 Icelandic financial crisis.
Baltic states
The Baltic states, also known as the Baltic countries, Baltic republics, Baltic nations or simply the Baltics (Balti riigid, Baltimaad, Baltijas valstis, Baltijos valstybės), is a geopolitical term used for grouping the three sovereign countries in Northern Europe on the eastern coast of the Baltic Sea: Estonia, Latvia, and Lithuania.
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Baltic states housing bubble
The Baltic states housing bubble is an economic bubble involving major cities in Estonia, Latvia and Lithuania.
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BBC
The British Broadcasting Corporation (BBC) is a British public service broadcaster.
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Bloomberg L.P.
Bloomberg L.P. is a privately held financial, software, data, and media company headquartered in Midtown Manhattan, New York City.
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CBC News
CBC News is the division of the Canadian Broadcasting Corporation responsible for the news gathering and production of news programs on the corporation's English-language operations, namely CBC Television, CBC Radio, CBC News Network, and CBC.ca.
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Center for Economic and Policy Research
The Center for Economic and Policy Research (CEPR) is an economic policy think-tank, co-founded by economists Dean Baker and Mark Weisbrot, and is based in Washington, D.C. It has been described as left-leaning.
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Christine Lagarde
Christine Madeleine Odette Lagarde (née Lallouette,; born 1 January 1956) is a French lawyer and politician who has been the Managing Director (MD) of the International Monetary Fund (IMF) since 5 July 2011.
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Economic growth
Economic growth is the increase in the inflation-adjusted market value of the goods and services produced by an economy over time.
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Economy of Latvia
The economy of Latvia is an open economy in Northern Europe and is part of the European Union's (EU) single market.
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European Union
The European Union (EU) is a political and economic union of EUnum member states that are located primarily in Europe.
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Eurostat
Eurostat is a Directorate-General of the European Commission located in Luxembourg.
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Financial crisis of 2007–2008
The financial crisis of 2007–2008, also known as the global financial crisis and the 2008 financial crisis, is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s.
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Great Recession in Russia
The Great Recession in Russia was a crisis during 2008–2009 in the Russian financial markets as well as an economic recession that was compounded by political fears after the war with Georgia and by the plummeting price of Urals heavy crude oil, which lost more than 70% of its value since its record peak of US$147 on 4 July 2008 before rebounding moderately in 2009.
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Gross domestic product
Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.
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HuffPost
HuffPost (formerly The Huffington Post and sometimes abbreviated HuffPo) is a liberal American news and opinion website and blog that has both localized and international editions.
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Internal devaluation
Internal devaluation is an economic and social policy option whose aim is to restore the international competitiveness of some country mainly by reducing its labour costs – either wages or the indirect costs of employers.
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International Monetary Fund
The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.
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Ivars Godmanis
Ivars Godmanis (born 27 November 1951) is a Latvian politician who was Prime Minister of Latvia from 1990 to 1993 and again from 2007 to 2009.
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Latvia
Latvia (or; Latvija), officially the Republic of Latvia (Latvijas Republika), is a sovereign state in the Baltic region of Northern Europe.
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LETA
LETA is the main Latvian news agency.
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List of banks acquired or bankrupted during the Great Recession
This is a list of notable financial institutions worldwide that were severely affected by the Great Recession centered in 2007–2009.
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Member state of the European Union
The European Union (EU) consists of 28 member states.
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Moody's Investors Service
Moody's Investors Service, often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its historical name.
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Nationalization
Nationalization (or nationalisation) is the process of transforming private assets into public assets by bringing them under the public ownership of a national government or state.
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Parex Bank
Parex Banka was founded in 1992 by Valery Kargin and Viktor Krasovickis as a privately owned full-service banking company in Riga, Latvia.
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Prime Minister of Latvia
The Prime Minister of Latvia (Ministru prezidents) is the most powerful member of the Government of Latvia, and presides over the Latvian Cabinet of Ministers.
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Standard & Poor's
Standard & Poor's Financial Services LLC (S&P) is an American financial services company.
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2008–2011 Icelandic financial crisis
The Icelandic financial crisis was a major economic and political event in Iceland that involved the default of all three of the country's major privately owned commercial banks in late 2008, following their difficulties in refinancing their short-term debt and a run on deposits in the Netherlands and the United Kingdom.
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Redirects here:
2008-2009 Latvian financial crisis, 2008-2010 Latvian financial crisis, 2008–2009 Latvian financial crisis, 2008–2010 Latvian financial crisis, 2009 Latvian financial crisis, Latvian financial crisis (2008), Latvian financial crisis (2008-2010), Latvian financial crisis (2008–2010).
References
[1] https://en.wikipedia.org/wiki/2008_Latvian_financial_crisis
