The Bank of Latvia XC

Published: 23.11.2012 Updated: 02.08.2023

XC-v

"The Bank of Latvia XC" comprises research papers by eight authors about the history of the central bank against the background of the changes in the national economy. Historians and economists provide analysis of the history of the Bank of Latvia, its monetary policy, the lats and the Latvian national economy.

CONTENTS

	Ilmārs Rimšēvičs, Governor of the Bank of Latvia Foreword
	Pauls Raudseps Yearning for Stability
	Viesturs Pauls Karnups, Dr. oec. Economic and Financial Developments in Latvia (1920–1940) Box Construction of Ķegums Hydroelectric Power Station
	Āris Puriņš The Bank of Latvia (1922–1940) Box Ferdinands Darginovičs in Charge of the Cashier's Office
	Gatis Krūmiņš, Dr. hist. Economic and Monetary Developments in Latvia during World War II
	Gatis Krūmiņš, Dr. hist. Economic and Monetary Developments in Latvia (1945–1991)
	Mārtiņš Bitāns, Vilnis Purviņš The Development of Latvia's Economy (1990–2004)
	Box 1 Comparison of Central Bank Statutes and Legislation Box 2 Exchange Rate of the Lats (LVL 1 = LVR 200) and Changes in Population's Purchasing Power
	Laila Rūse Bank of Latvia in Times of Change (1990–2004) Box The Premises of Riga Branch of the Bank of Latvia
	Kristīne Ducmane, Dr. hist. Re-establishment of the Lats Box Concept of Introducing the National Currency
	Mārtiņš Bitāns Latvia's Economic Development Following the Accession to the European Union: a Classic Boom-Bust Cycle
	Box 1 Interest Rates and Reserve Ratios Set by the Bank of Latvia Box 2 The Views of Economic Policy Makers and Experts on Latvia's Development (2004–2007) Box 3 The Views of Policy Makers about the Need for an Anti-inflation Plan
	Vita Pilsuma, Dr. oec. The Role and Activities of the Bank of Latvia in European Monetary Integration (2004–2012) Box The Bank of Latvia Statements of Its Vision, Mission and Values

About the Authors

Index

Abbreviations