What kind of crisis was latvia experiencing

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1. What kind of crisis was Latvia experiencing in 2008, a currency crisis, a banking crisis, or a debt crisis?

2. If the IMF had not stepped in with support, what do you think might have occurred?

3. Could the Latvian government have headed off the 2008 crisis? What policy actions could it have to do this? What might the economic and political consequences of those actions have been?

4. What do you think the short-term consequences of the imf policies will be for latvia? What might the long term consequences be?

Reference no: EM13695933

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