Public Finance Perspective - Latvia

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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, …

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…is considerably lower than most other countries in Central Europe. Many problems center around the inadequate attention given to environmental issues when developing urban areas. Problems with solid waste management are currently found throughout the country. Transportation... Transportation in Latvia consists of 2, 397 km of railway, of which a very small portion are electrically run. There are 20,500km of roads. The country has a national airline, Air Latvia, which is in the process of being privatized.