Economic Security

Going Past Monopoly: Developing a Balanced Baltic Sea Regional Gas Market

In the last half-decade, the three Baltic states have made dramatic progress towards diversifying their energy supplies, especially of natural gas. This progress—brought about thanks to remarkable political will as well as improved regional cooperation—has resulted in considerable economic benefit while decreasing the three countries’ vulnerability to outside pressure. Yet, much remains to be done in order to complete the three countries’ internal markets.

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Latvian Banking System in Early 2018: Coping with Bad Apples?

The Latvian banking system is less than 30 years old. During these three decades, the current liquidation of AB.lv banks is the fifth major crisis in Latvian banking. Although many banks have come and gone and the Latvian banking sector has been very vibrant with a hope to become a regional financial centre, every crisis has revealed a bad apple or two.

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