Public Finance Perspective - Latvia

Dmitri Bodrov d.bodrov@mail.ru
The Latvian people have lived in the Baltic-shore territory for more than 4,000 years, with the Latvian language being one of the oldest living languages of Europe. "Latvia's location at an East-West crossroads, and her ice-free ports on the Baltic Sea, have made her an inviting target for expansional powers.".(EIU, 1995). Over the centuries, Latvia has been occupied by the Teotonic knights of Germany, the knights of Sweden and Poland, and the tsars of Russia. World War I and the fall of the Russian tsars provided an opportunity for numerous Russian colon…