Biography paul krugman blog latvia

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Here’s Latvia’s current account deficit as a percent of GDP, along with its growth rate: So Latvia converted its huge current account deficit into a surplus, although it’s now back .

Biography paul krugman blog latvia

Back in , when Olivier Blanchard presented a paper on Latvia at the Brookings Panel, many of the participants were bemused: why was the august panel devoting .

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Seems like the paper by Blanchard, Griffiths and Gruss (BGG) has let Paul Krugman to admit that: Maybe in Latvia wasn't overvalued, just overheated; Then .

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So all in all, what was Paul Krugman’s impact on the public face of economics?