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MTEF is The Bayesian Heresy

Public Financial Management, Healthcare reform, Medium-Term Expenditure Frameworks, Economic Policy and All Things Fiscal.

Thursday, January 8, 2009

Dept of Macro case study- Let Latvia devalue

Latvia is the new Argentina

Latvia economy: Big bailout

Why The IMF’s Decision To Agree A Lavian Bailout Programme Without Devaluation Is A Mistake

Latvia has chosen economic torture over complete collapse

Why Latvia Should Not Devalue
Posted by MAI at 12:10 AM
Labels: Country Experiences, Europe, Exchange Rates, Fiscal Policy, Macroeconomics

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About Me

MAI
mtef2008@gmail.com
View my complete profile

My Blog List

  • kottke.org
    In ancient Mesopotamia, people rarely wrote about preparing food… “Out of hundreds...
    55 minutes ago
  • Apartment Therapy Main
    The “Penicillin” Cocktail Is the Only Drink I’m Sipping This Week
    1 hour ago
  • Techdirt
    VPN Company Cyberghost Says We Infringed Its Copyright In An Advertisement We Ran For Them A Decade Ago
    1 hour ago
  • Dezeen
    Theo de Meyer uses "utilitarian aesthetics" for Palm Springs festival design
    2 hours ago
  • The New Yorker
    Ayelet Waldman on Quilting to Stay Sane
    3 hours ago
  • Calculated Risk
    Q4 GDP Tracking: Mid 2% Range
    5 hours ago
  • Marginal Revolution
    Friday assorted links
    5 hours ago
  • The Big Picture
    MiB: Corey Hoffstein on Return Stacking
    6 hours ago
  • Statistical Modeling, Causal Inference, and Social Science
    What genre of writing is AI-generated poetry?
    6 hours ago
  • PrawfsBlawg
    Norberg on the InfoWars/Onion Bankruptcy Controversy
    6 hours ago
  • Market Design
    America Has an Organ Shortage. Could Paying Donors Close the Gap? Podcast from BYU radio.
    9 hours ago
  • Language Log
    "The Angry Grammarian: A New Musical"
    12 hours ago
  • OUPblog
    What does democracy look like?
    12 hours ago
  • Political Calculations
    Mars GDP as New Plans in Work to Create Its Export Economy
    13 hours ago
  • GeekPress
    AI Agents
    15 hours ago
  • TRUTH ON THE MARKET
    What Project 2025 Can Tell Us About Brendan Carr’s FCC Priorities
    1 day ago
  • State of The Planet
    American Geophysical Union 2024: Key Research From the Columbia Climate School
    1 day ago
  • Market Urbanism
    Decriminalizing Jaywalking: The Early Data
    1 day ago
  • Improbable Research
    Psycho-Forensic Mystery: The Man Who Licks Floors
    2 days ago
  • Sasha Dichter's Blog
    The Problem with Jargon
    3 days ago
  • The Chicago Blog
    Five Questions with Christian Warren, author of “Starved for Light”
    3 days ago
  • Crooked Timber
    Trump’s dictatorship is a fait accompli
    3 days ago
  • News: Datablog | guardian.co.uk
    The Australian government will force some shops to accept cash. So who still uses it, and why?
    3 days ago
  • Derivative Dribble
    Information and the Continuum Hypothesis
    5 days ago
  • EconoSpeak
    Coming Up For Air
    6 days ago
  • The Irish Economy
    Irish Economic Association Annual Conference 2025: Call for Papers
    1 week ago
  • Economics Blog
    The Real Reason Young People are Not Working
    1 week ago
  • scatterplot
    citizenship as legitimized racism
    2 weeks ago
  • Offsetting Behaviour
    This will not end well
    2 weeks ago
  • Trade Diversion
    Spatial economics JMPs (2024-2025)
    2 weeks ago
  • Greg Mankiw's Blog
    A Great Podcast about the Great Economist Franco Modigliani
    2 weeks ago
  • The Mindjet Blog
    How to implement a knowledge management system
    3 weeks ago
  • Supply and Demand (in that order)
    Biden-Harris policies and their consequences were no surprise to those paying attention
    3 weeks ago
  • Africa Unchained
    Africa and the Tyranny of the Cult of Mediocrity - Helen Grange
    3 weeks ago
  • Ben Casnocha: The Blog
    Recent Appearances and Interviews
    3 weeks ago
  • Ajay Shah's blog
    Early evidence from the personal insolvency framework in India
    4 weeks ago
  • Algorithmic Game Theory
    IMS Program “Algorithmics of Fair Division and Social Choice”
    4 weeks ago
  • East Asia Forum
    Japan should board the Indomalphi ship
    1 month ago
  • Tea with FT
    Degrowth and downsizing are family
    2 months ago
  • Interfluidity
    China has much to teach us. John Roberts does not.
    2 months ago
  • Environmental Economics
    New working paper: "Review of Contingent Valuation of Environmental Goods: A Comprehensive Critique. Edited by Daniel McFadden and Kenneth Train (2017): An Update"
    3 months ago
  • UnderstandingSociety
    Why are English majors disappearing?
    4 months ago
  • Wired Science
    Aging Might Not Be Inevitable
    4 months ago
  • Wired: Threat Level
    War Crime Prosecutions Enter a New Digital Age
    4 months ago
  • International Political Economy Zone
    African Extractive Industries: PRC Neocolonialism
    5 months ago
  • Charles Kenny
    Two Futures for Global Development
    6 months ago
  • Information Processing
    Information Processing (this blog) has moved to Substack!
    6 months ago
  • Core Economics
    Expert Selective School Tutoring Services in Melbourne for Academic Excellence
    6 months ago
  • TVHE
    What is an ATAR and what does this have to do with income?
    7 months ago
  • The Unbroken Window
    Mostbet Az 90 Msp
    7 months ago
  • From Poverty to Power by Duncan Green
    GELI Stories – How a Critical Juncture unlocked the path to reform on duty of care within the aid sector
    7 months ago
  • ReadWriteWeb
    FTC rule finalized — governments and business protected from AI impersonation scams
    9 months ago
  • Ideas
    Speaking trip this April
    9 months ago
  • Finlay ON Governance
    OpenAI a lesson in the dangers of feeble governance
    11 months ago
  • Economics and...
    κνζν
    11 months ago
  • Idea Mapping
    Memory Power Workshop – November 13, 2023 Naples, FL
    1 year ago
  • Capital Gains and Games
    Platform Slot Gacor Tempat Utama Taruhan Online Anda
    1 year ago
  • Islam and Economics
    The Beneficent: Majesty and Splendor
    1 year ago
  • Seth's Blog
    The paradox of insular language
    1 year ago
  • Legal Theory Blog
    d'Aspremont on International Lawyers Love for International Organizations
    1 year ago
  • Sentencing Law and Policy
    Prez Biden reportedly involved in rejecting plea deal terms for 9/11 defendants
    1 year ago
  • Newmark's Door
    "The Thales Way: The Book That Can Save American Education"
    1 year ago
  • Stumbling and Mumbling
    Thatcherism is dead: Thatcherism lives
    1 year ago
  • Empirical Legal Studies
    CELS 2023 -- Conference Registration
    1 year ago
  • Junk Charts
    Losing the plot while stacking up the bars
    1 year ago
  • Grasping Reality
    1 year ago
  • Economics Job Market Rumors: Recent Posts
    Economist on ""Sound of Freedom" breaks $100 million at box office"
    1 year ago
  • Cafe Hayek
    Some Links
    1 year ago
  • The Baseline Scenario
    A Few Quick Announcements
    1 year ago
  • Making Change
    Is training really the answer? Ask the flowchart.
    1 year ago
  • econ101.de blog
    Summer School on “Modern Monetary Policy and European Macroeconomics” (Maastricht, July/August 2023)
    1 year ago
  • Steve Keen's Debtwatch
    A Simple Solution to the Banking Crisis That No Country Will Implement
    1 year ago
  • Overcoming Bias
    Only Physics Computes
    1 year ago
  • EconomistMom.com
    Final Report of the 117th Congress’ House Select Committee on Economic Disparity & Fairness in Growth (December 2022)
    1 year ago
  • Chris Blattman's Blog
    Cyber Warfare Is Getting Real: The risk of escalation from cyberattacks has never been greater—or the pursuit of peace more complicated
    1 year ago
  • Stephen Kinsella, Ph.D
    Test mastodon post
    2 years ago
  • PFM Blog
    PFM Blog announcement: we are moving!
    2 years ago
  • orgtheory.net
    I am now at Temple of Sociology, a new substack please check it out
    2 years ago
  • The Austrian Economists
    Rationalizing the Discussion on Migration and Policy
    2 years ago
  • The Harvard Law School Forum on Corporate Governance and Financial Regulation
    Corporate Political Spending and State Tax Policy: Evidence from Citizens United
    2 years ago
  • Financial Rounds
    How to Succeed in the Introductory Finance Course (or any other one, for that matter)
    2 years ago
  • Peterson Institute Update
    The future of the UK financial regulation: Perspectives from Nikhil Rathi, Chief Executive of the Financial Conduct Authority
    2 years ago
  • Peter Martin
    Sky-high mortgages, 7.1% inflation, and a 20% chance of recession. How the Conversation’s panel sees the year ahead
    2 years ago
  • Joanne Jacobs
    ‘Every weld is a challenge’
    2 years ago
  • Legal Pad - Fortune on CNNMoney.com
    Sindrome di Asperger nei bambini sintomi: cosa sapere
    2 years ago
  • Rogue Economist Rants
    Will paying for Russian Oil and Gas in roubles result in the fall of the dollar as global reserve currency?
    2 years ago
  • Worthwhile Canadian Initiative
    Good Chart Checklist
    3 years ago
  • Rajiv Sethi
    Moved to Substack
    3 years ago
  • The Edge of the American West
    The United States and its total wars
    3 years ago
  • Dani Rodrik's weblog
    IEA World Congress 2021
    3 years ago
  • ThinkMarkets
    “Old Chicago” and the Freiburg School
    3 years ago
  • CityEconomist
    DEATH BOX | Baby Boomers Face the End
    3 years ago
  • Across the Curve
    Foreign Flows into US Credit Product
    3 years ago
  • Scott Berkun
    The Insider’s Guide To Evangelizing Good Design
    3 years ago
  • WSJ.com: Real Time Economics
    Parsing the Fed: How the January Statement Changed From December
    3 years ago
  • siphoning off a few thoughts
    Poet Mary Oliver on scheduled writing sessions
    3 years ago
  • Macro and Other Market Musings
    Storytelling: Friday Chart Edition
    4 years ago
  • The Money Meltdown
    Small Business Owners: The Building Blocks to Increase Profits
    4 years ago
  • Notes on Social Security Reform
    How Would Joe Biden Reform Social Security and Supplemental Security Income?
    4 years ago
  • Economic Policy Review
    Panduan Bermain Live Sicbo Online Mengunakan Android
    4 years ago
  • Economic Logic
    I am still alive
    4 years ago
  • Long or Short Capital
    The Answers
    4 years ago
  • ataxingmatter
    Trump Administration Continues to Attack the Environmental Projections First Put Into Place by the Nixon Administration
    4 years ago
  • macroblog
    Do Higher Wages Mean Higher Standards of Living?
    4 years ago
  • Economist's View
    32+ Years...
    4 years ago
  • Richard's Real Estate and Urban Economics Blog
    Thinking about metrics comparing countries for both average living standards and equality of living standards.
    5 years ago
  • Macro Man
    What Can Field of Dreams Teach Us About Corn And Trading Macro?
    5 years ago
  • The American Prospect Articles
    Five Key Takeaways From Israel’s Indecisive Election Rerun
    5 years ago
  • Will Wilkinson
    Live Chat – The Density Divide: Urbanization, Polarization & Populist Backlash
    5 years ago
  • Democracy in America
    Are states equipped to tackle partisan gerrymandering on their own?
    5 years ago
  • Create Your Communications Experience
    Raise Those Hands High
    6 years ago
  • Global Development: Views from the Center
    The Declaration of Alma-Ata at 40: Realizing the Promise of Primary Health Care and Avoiding the Pitfalls in Making Vision Reality
    6 years ago
  • The Kaufmann Governance Post
    Penny Stock Research Sources
    6 years ago
  • Economists Do It With Models
    Ask And You Shall Receive, Economic Superhero Edition…
    6 years ago
  • EconLog: Library of Economics and Liberty
    How to Believe in Free Speech
    6 years ago
  • John Battelle's Searchblog
    Do We Want A Society Built On The Architecture of Dumb Terminals?
    6 years ago
  • Three Percent - article
    "For Isabel: A Mandala" by Antonio Tabucchi [Why This Book Should Win]
    6 years ago
  • The Spectrum
    Vai kredītkarte ir labāka par kredītlīniju?
    6 years ago
  • The American Scene
    Cassandra's DeLorean
    6 years ago
  • Pascal Venier
    La carte des centres naturels de la puissance de Mackinder (1904)
    6 years ago
  • Businomics Blog
    Jordan Peterson's Lesson for Business Leaders
    6 years ago
  • GovTrack.us
    Site Updates in 2017
    6 years ago
  • Paul Krugman
    The Blog Moves On
    6 years ago
  • Design Thinking
    How to Lead a Design-Driven Organization
    7 years ago
  • Clive Crook's blog
    Adjust contrast of a pdf free
    7 years ago
  • Megan McArdle
    Adjust contrast of a pdf free
    7 years ago
  • Princeton University Press Blog
    Jason Brennan: How Kneeling Athletes Reveal the True Nature of Politics
    7 years ago
  • Willem Buiter's Maverecon
    Save pdf smaller size mac online
    7 years ago
  • International Consortium on Governmental Financial Management (ICGFM)
    ICGFM DC Forum Luncheon - October 4, 2017; Domestic Resource Mobilization: Getting Back to Basics
    7 years ago
  • Anything Peaceful
    Do You Know What’s in Your Makeup?
    7 years ago
  • INDIAN CORPORATE LAW
    The Companies Amendment Bill, 2017: Proposed Changes to Section 185
    7 years ago
  • VoxEU.org: Recent Articles
    The US Treasury’s missed opportunity
    7 years ago
  • WSJ.com: The Numbers Guy
    A Note to Readers
    7 years ago
  • Overseas Development Institute (ODI) Blog
    Don’t settle for the minimum: extending preferences for developing countries after Brexit
    7 years ago
  • Brad Setser: Follow the Money
    China Still Wants To Import Commodities, Not Manufactures (Judging From The “Early Harvest” Trade Deal)
    7 years ago
  • Bob Sutton
    The Asshole Survival Guide: My Latest Book
    7 years ago
  • Twenty-Cent Paradigms
    Relax, Said the Night Man
    7 years ago
  • EconWeekly
    Tear down this wall, Mr. 46th president
    7 years ago
  • unsettling economics
    Dear Donald Trump. I want to tell you why I (Michael Perelman) am suited to be the secretary of defense.
    7 years ago
  • FT Alphaville
    If you can’t beat them, join them
    8 years ago
  • The Interpreter
    The Philippine Senator taking on President Duterte
    8 years ago
  • Presentation Zen
    No amount of technology will make a bad story good
    8 years ago
  • Information Arbitrage
    Recycling: The challenge and the opportunity for a Seed stage VC
    8 years ago
  • Richard H. Serlin
    AI and Krugman's Hot Dogs
    8 years ago
  • Econbrowser
    Wisconsin in Last Place for Start-up Activity
    8 years ago
  • Free exchange
    Improve your life by making huge decisions with a coin toss
    8 years ago
  • News N Economics
    Where is the BREXIT impact in Europe?
    8 years ago
  • Paul Wilmott's Blog
    Sir Bob Geldof, We Who Are About To Thrive Salute You!
    8 years ago
  • HarperAcademic
    Required Summer Reading for High Schools: 2016
    8 years ago
  • Simoleon Sense
    Another New Value Investing Hedge Fund Job Post
    8 years ago
  • The University of Chicago Law School Faculty Blog
    Notice and Comment, Behavioral Economics, and United States v. Texas
    8 years ago
  • PGPF Blog
    Michael A. Peterson
    9 years ago
  • The Next Good Idea
    When I Was 8 Years Old On My Birthday
    9 years ago
  • Julian Sanchez
    A CryptoFiction
    9 years ago
  • Global View Today!
    BahaMar, a flagging economy and more bad news!
    9 years ago
  • The Daily Dish | By Andrew Sullivan
    It Is Accomplished
    9 years ago
  • CARPE DIEM
    Historic Chart of the Day
    9 years ago
  • VothSpeak
    Plec in concediu
    9 years ago
  • Groundswell
    My Next Chapter
    9 years ago
  • Log base 2
    Be the change?
    10 years ago
  • İyigün Blog
    herbal untuk jantung dan darah tinggi yang ampuh
    10 years ago
  • New Books In History
    東京でリフォームの際に隣人とトラブルにならない為には
    10 years ago
  • Agoraphilia
    Economics of the Undead: Book and Blog
    10 years ago
  • The Exponential Curve
    Developing CCSS Math Transitional Units of Study: Patterns
    10 years ago
  • NIPFP Working Papers
    Modeling India’s External Sector: Review and Some Empirics
    10 years ago
  • The Becker-Posner Blog
    Farewell
    10 years ago
  • WSJ.com: Deal Journal - WSJ.com
    What to Watch From the Fed Wednesday
    10 years ago
  • TIME.com: The Curious Capitalist
    Sweet! The Smooth Rise of Non-Bitter Not-Quite-Beer Beverages
    10 years ago
  • RANDOM RANTINGS
    Don't get emotional about strategy
    10 years ago
  • Britannica Blog
    Moving On
    10 years ago
  • Built on Facts
    Is Bitcoin Currently Experiencing a Selfish Miner Attack?
    10 years ago
  • blogs.worldbank.org - Our conversation on the web. right now.
    Doing Business 2014: Russia's Progress
    10 years ago
  • Criticality
    Into the woods
    11 years ago
  • Social Enterprising
    Our Partner Artisans See Their Work in Action: Jill Golden and DANNIJO
    11 years ago
  • metacool
    metacool is now at metacool.com
    11 years ago
  • The Economists' Forum
    Global economic recovery stuck below takeoff speed
    11 years ago
  • Macroadvisers
    A Solid Employment Report for February, but Let’s Not Get Carried Away
    11 years ago
  • Oxonomics
    11 years ago
  • MV=PQ: A Resource of the Powell Center for Economic Literacy
    James Buchanan (1919 - 2013)
    11 years ago
  • Economists for Obama
    The Agony of Analyzing Romney's Economic Proposals
    12 years ago
  • Rough Type: Nicholas Carr's Blog
    Rough Type has a new RSS feed
    12 years ago
  • The Skeptical Optimist
    The right enemy
    12 years ago
  • New Economist
    Economist job of the week: Director of Global Economics, European University Institute
    12 years ago
  • do_matic
    End Up on Fridays
    12 years ago
  • World Economy Blog - BusinessWeek
    Dudley: It's Basic Math
    12 years ago
  • The Ambrosini Critique
    Help wanted: incrementalist systems builder
    12 years ago
  • Jay Hancock's blog
    This blog has moved
    12 years ago
  • Consider the Evidence
    Is heavy taxation bad for the economy?
    13 years ago
  • BBC NEWS | Peston's Picks
    Peston Picks is moving
    13 years ago
  • William J. Polley
    Should losers from free trade be compensated?
    13 years ago
  • debaser
    Is College A Waste Of Time?
    13 years ago
  • 2008 Presidential Transition Initiative
    President Obama Signs Pre-Election Transition Bill
    14 years ago
  • Ideas
    This Blog’s Final Post
    14 years ago
  • Shakeout's Blog
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