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Financial Market in Latvia

Author

Listed:
  • Jelena Zubkova

    (Bank of Latvia)

  • Egils Kauzens

    (Bank of Latvia)

  • Ivars Tillers

    (Bank of Latvia)

  • Martins Prusis

    (Bank of Latvia)

Abstract

During the last decade Latvia made a considerable progress and has created an institutional structure and legislative framework to support a market-oriented financial system. The financial sector of Latvia comprises nearly all financial institutions typical of developed markets. The regulatory enactments of Latvia conform to all EU requirements and in some respects are even stricter. Latvia's accession to the EU will be an important turning point for the country's economy, including the financial market, and will provide higher income and wider opportunities.

Suggested Citation

  • Jelena Zubkova & Egils Kauzens & Ivars Tillers & Martins Prusis, 2002. "Financial Market in Latvia," Working Papers 2002/02, Latvijas Banka.
    • Handle: RePEc:ltv:wpaper:200202
    as

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    References listed on IDEAS

    as
    1. Don Bredin & Gerard O'Reilly, 2004. "An analysis of the transmission mechanism of monetary policy in Ireland," Applied Economics, Taylor & Francis Journals, vol. 36(1), pages 49-58.
    2. Charles L. Evans & Kenneth N. Kuttner, 1998. "Can VAR's describe monetary policy?," Working Paper Series WP-98-19, Federal Reserve Bank of Chicago.
    3. Andrea Brischetto & Graham Voss, 1999. "A Structural Vector Autoregression Model of Monetary Policy in Australia," RBA Research Discussion Papers rdp1999-11, Reserve Bank of Australia.
    4. Vilasuso Jon & Cunningham Steve, 1996. "Tests for Nonlinearity in EMS Exchange Rates," Studies in Nonlinear Dynamics & Econometrics, De Gruyter, vol. 1(3), pages 1-16, October.
    5. Pietrobelli, Carlo & Zamagni, Stefano, 2000. "The emerging economies in the global financial market: some concluding remarks," Libros de la CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 2243.
    6. McCoy, Daniel, 1997. "How useful is Structural VAR Analysis for Irish economics?," Research Technical Papers 2/RT/97, Central Bank of Ireland.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Dorothee Bohle, 2017. "Mortgaging Europe’s periphery," LEQS – LSE 'Europe in Question' Discussion Paper Series 124, European Institute, LSE.

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    More about this item

    Keywords

    financial market; settlement systems; European integration;
    All these keywords.

    JEL classification:

    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)
    • G20 - Financial Economics - - Financial Institutions and Services - - - General

    Statistics

    Access and download statistics

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