Latvijas iestāšanās Eiropas Savienībā ekonomiskā efekta novērtēšana

Skribans, Valerijs
June 2010
Economics & Business;Jun2010, Vol. 20, p108
Academic Journal
For Latvia with incoming into the European Union big opportunities in the international markets have opened. Paper purpose is to investigate influence of international integration processes on development of economy of Latvia. In paper various indicators of a national economy before and after incoming into EU are compared. In paper it is defined that joining to EU has increased for Latvia net grants from EU budget. But grants still do not promote development of economy of Latvia, but more stimulate development of internal demand. For demand gain satisfaction, in the conditions of poorly developed internal producing, from abroad the various goods are imported into Latvia, negative difference of export and import is increase. Also inflow of the capital to Latvia after incoming into EU is not used for positive changes in internal economy, and directed to the branches related with finance moving. Actually the industries have not felt essential inflow of the capital. After incoming into EU Latvia has started to export labour force. As a result of migration of labour in Latvia the rate of unemployment has decreased, the wages are grown, expenses on a labour that has grown, that reduced an export potential of internal products. EU grants, capital inflow, gain of wages has caused an inflation gain in Latvia. Considering that together with inflation purchasing capacity of inhabitants has grown, it is possible to draw a conclusion that the population well-being has grown. These processes mainly have short-term character. Migration will decrease, considering a gain of wages or because of reduction of labour resources; inflow of the speculative capital will stop because of insufficiency of reliable pledges. It is possible to assert that they will stop, when the standard of living in EU and Latvia will be approximately identical, i.e. in the end of cohesion process in EU. Most stabile is relation of grants and import. Grants are provided to reduce dependence of the state on import but on the contrary, grants increase import volume. Latvia still cannot find the specialisation in EU and in the global markets. Therefore it became dependent on grants of EU and on international help. Definition of specialisation and an effective using of grants could change situation and promote economy development in Latvia.


Related Articles

  • ECONOMY.  // Background Notes on Countries of the World: Republic of Latvia;2/ 8/2011, p6 

    The article discusses the economy and the economic conditions of the Republic of Latvia. It highlights the economic developments in Latvia since it emerged from Soviet occupation and reestablished its independence in 1991. It cites the country's membership in the European Union (EU) in May 2004...

  • Regional Development and Economic Potential of the Counties of Latvia. čingule, Sanda // Economic Science for Rural Development Conference Proceedings;2009, Issue 19, p294 

    In Latvia since the 1990's an increasing attention is being paid to the country's regional development and problematic of economic potential of the counties. Worldwide, in the European Union and so in Latvia the features of ongoing socioeconomic crisis force drawing attention to activisation...

  • Latvia tops 2012 EU growth.  // Regional Today; 

    The article reports that on March 11, 2013, the Central Statistical Bureau of Baltic state Latvia stated that their revised data confirmed a 5.6 percent growth in 2012, the strongest level in the 27-member European Union for the second year running, as part of its effort to join euro zone in 2014.

  • EVOLUTIONS OF UNEMPLOYMENT AMONG THE YOUNG OVER THE ECONOMIC AND FINANCIAL DOWNTURN. Bălan, Mariana; Uzlău, Carmen-Marilena; Ene, Corina Maria // Annales Universitatis Apulensis - Series Oeconomica;2012, Vol. 14 Issue 1, p193 

    The downturn on the global financial markets that struck the world economy in the mid 2008 affected the world economy in its whole, nevertheless, it also had a great impact upon the labour force market in the European countries. After several years of economic growth and of relatively high...

  • MicNews at 09 am: Tuesday, 3 September 2013.  // Macedonian Electronic Media Digest;9/ 3/2013, p1 

    The article offers news briefs related to Macedonia as of September 3, 2013. According to Kristian Vigenin, foreign minister of Bulgaria, Macedonia should solve its issues with its neighbors if it wants to become a member of the European Union (EU). The Macedonian Economic Chamber reveals that...

  • Untitled. Veiksa, Ingrida // XV International Scientific Conference: 10 Years in the European;5/29/2014, Issue 15, p6 

    The article offers the author's insight regarding the accession of Latvia to the European Union (EU) on May 1, 2014. Topics discussed include the opportunity for sustainable development, growth of Latvian economy as mentioned in the National Development Plan of Latvia from 2014-2020 (NDP), and...

  • TERITORIÄ€LÄ€ KAPITÄ€LA PIEEJAS IZMANTOÅ ANA REÄ¢IONA NOVÄ’RTÄ’Å ANÄ€. Volkova, Olga // Proceedings of the International Scientific Conference of Daugav;2014, Issue 55, p387 

    Each region has its own unique advantages that the development may attract capital inflows and economic growth of the region. These advantages make up the territorial capital. Territorial capital can be defined as the set of assets of different nature which characterize territories. Territorial...

  • Latvia economic growth slows in Q1, retail sales growth slows in March.  // Regional Today;5/4/2015, p2 

    The article reports a decline in Latvia's economic growth in the first quarter of 2015 as per data from the Central Bureau of Statistics focusing on a rise in gross domestic product (GDP) and growth in retail sales.

  • Assessment of the natural rate of unemployment and capacity utilisation in Latvia. Melihovs, Aleksejs; Zasova, Anna // Baltic Journal of Economics;Autumn2009, Vol. 9 Issue 2, p25 

    Inflation and its dynamics feature among the most important indicators in the focus of such economic agents as producers, consumers, investors, monetary and fiscal policy makers. Risks of high inflation or deflation enhance the need to profoundly investigate factors and causes of unfavourable...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics