18-February-2016
English
Latvia faces a huge demographic challenge. Since restoration of its independence in 1991, the country lost more than a quarter of its resident population.The report "Investing in Youth: Latvia" states that investing in youth, by upgrading skills and promoting employment, is a priority if Latvia wants to offer its young people a positive outlook and address the demographic challenge.
10-August-2005
English
Reforms accomplished in Latvia and integration in the European Union have left a positive impact on economic development of the country. In the period from 1996 till 2003 Latvian gross domestic product (GDP) has grown on average by 6.1% annually. Among the other European countries only Ireland had higher growth rates in the same period of time.
8-April-2004
English
This paper highlights the main reforms that have affected the Latvian pension system since 1991. It focuses on the three-tier model approved in 1995, which led to the introduction of voluntary funded schemes in 1998 and mandatory pension funds in 2001.