International Internet Magazine. Baltic States news & analyticsThursday, 11.03.2010, 18:35
Reflections on capitalism: nine eternal commandments
26.05.2009Capitalism is a social and political system (first of all an economic one) that countries chose to guide their development models. Such systems are not static and they evolve in time and within their substantial ingredients. During “capitalism history” governments of different states have been striving to modernise it, with widely varying results. Present crisis demand some re-directions in the “ingredients” in order to find a way for recovery, which is becoming even more important for the new Baltic States.
Keyword tags: Analytics, Economic History, Economics, EU – Baltic States
The book “The Vertical of Guntis Ulmanis” released in Riga
15.05.2009The Publishing House “Jumava” presented in Riga the book “The Vertical of Guntis Ulmanis” by Jānis Ūdris.
Usackas: the new page in the history of EU-Eastern Europe relations is the Eastern Partnership Initiative
08.05.2009The Eastern Partnership Initiative is the new page in the history of the relations between the Eastern Europe and the European Union (EU), writes ELTA.
Krimelte to apply for partial work-time to 58 workers
12.01.2009A construction material producer Krimelte applies partial working time to 58 workers from January 22 2009, BBN/LETA reported via Aripaev.
Andris Strazds: no reasons to await repeat of Great Depression
04.11.2008The current global financial crisis and the resulting recession is by no means comparable with the Great Depression of the 1930s in the U.S., professor at Stockholm School of Economics in Riga, economist Andris Strazds said in an interview.
Exhibition on Lithuania’s diplomacy to open on 5 September in Kaunas
An exhibition called White Gloves: Official and Unofficial Diplomacy in Kaunas in 1918-1940 will open at the historical Office of the President in Kaunas on 5 September, 2008, the Ministry of Foreign Affairs of the Republic of Lithuania announced.
Skele’s Empire: from rise to fall
The next Latvian economic history’s review (previous one was published in the BC-22) is devoted to privatization history of the group of companies with an attractive name Ave Lat. The group has been dominating in a very important country’s economic sector during 1990s. It was the period when the foodstuff sector in the country has been closely connected to Mr. A. Skele, a millionaire himself and three times being Latvian prime minister. It is quite complicated to find strictly documented evidences about Mr. Skele’s direct connections to Ave Lat Grupa, though he himself regards his role in it as quite significant.
Investments with the American optimistic approach
The article with the same title appeared in 1994 in the daily Business&Baltija (B&B) describing the investment fund New Century Holding’s (NCH) initial steps on the emerging market in Latvia in the start of 1990s. Today we can assess the American investors’ activity in Latvia showing the scheme of venture capital installment into almost all spheres of national economic development, taking NCH as an example, and “creaming off” a very risky — and therefore highly profitable — market.
Closer cooperation model for the Baltics and the EU 
