Diplomatic Economic Club® Since 1997

LV EN RU News Trade Fair Riga Members area Articles
  • Contact ☰ menu ✕

    Monetary regulation in Latvia  


    The key objective of the central bank’s monetary policy is to facilitate the favourable macroeconomic environment for growth of the national economy in the long term.

    The courseof global economic development assumes that monetary policy, employment and financial stability can foster the economic growth most of all by ensuring the low inflation rate. The central bank creates a stable and predictable business environment by maintaining the price stability. Regarding the developed countries the general monetary policy objectives deals not only with maintenance of stability of the exchange rate and general price level, but also with stimulation of economic development, growth of employment and incomes of the citizens.

    In other words, the purposes of monetary policy and monetary regulation should correspond to the purposes of social and economic policy of the state and requirements of the society. Commencing the implementation of an independent monetary policy in the early 1990s, the Bank of Latvia had to decide on an exchange rate regime. Since 1993, Latvia has been using the fixed exchange rate based stabilisation programme.

    Monetary regulation in Latvia .*pdf
    Prof. Dr. Valery Roldugin


    Articles »  Monetary regulation in Latvia »  Views: 7869   Diplomatic Club



    Diplomatic Economic Club®



    Home  ::   About Diplomatic Club  ::   DEC news  ::   Cooperation  ::   Publications  ::   Trade Fair Riga  ::   Archive 2011-2016   ::   Archive 2004-2010   ::   Legal  ::   Contact  ::  

    close open

    Diplomatic Club for Peace Appeal to world leaders and humanity

    Diplomatic Economic Club strongly condemns and is not accepting any kind of aggression, military collisions, wars between countries, which are happening here close in the center of Europe, on the other continents of the world, in Asia, in Africa.
    Nothing can justify the use of force in any cases, everywhere it leads to suffering of civilians.
    We call all parts, leaders of all levels for a peaceful solution of any disagreements through the dialog and negotiations.
    Only the Peace on our planet, olny Friendship and mutual understanding promote the life of people.
    Please don't even allow yourself any thought about World War III, about nuclear weapons.
    All the humanity remembers the wars of the 20th century, and if somebody has forgotten, please remember. Diplomatic Club for Peace

    Stop War! Peace All over the World



    Diplomatic Economic Club
    unites members from 37 countries of the world.
    Diplomatic Economic Club – is a unique association where people from different countries are to find a common language and contribute to the development of contacts between businessmen of the countries they represent.
    1997 — the beginning of the formation of the idea of creating a club, the establishment of internal interactions in the club on the basis of international exhibitions in Riga, periodic meetings.

    Digest

    She phrase „Economic Diplomacy“ assumes the diplomatic official activities that are focused on increasing exports, attracting foreign investment and participating in work of the international economic organisations