News Archives – Institute of Economics
Task of the science is to serve
people.

– Tolstoy –

Science is the captain, and
practice the soldiers.

– Leonardo da Vinci –

Frontiers of science are like the
horizon: the more we approach
it, the more it moves away.

– Boiste –

The fantasy is more important
than knowing.

– Albert Einstein –

Science – it means organized
knowledge.

– Spencer –

Freedom for the science the
same as the air for a living soul.

– Poincaré –

Research area of all sciences is
endless.

– Pascal –

System of science must be
looked at as the system of
nature: all in it is endless and
necessary.

– Cuvier –

Scientific plan without working
hypothesis is a skeleton without
living body.

– Hirschfeld-

The main research subject of
mankind is the human.

– Goethe –

All is important in science.

– Heine –

Books must be results of
sciences, but sciences not results
of books.

– Bacon –

Scientist is not the one, who
gives the right answers, but the
one, who asks the right
questions.

– Claude Lévi-Strauss –

The more we will seek for the
truth outside us, the more we
will move away of it. The more
we will be able to understand
who we are, the more the truth
will assert us in ourselves.

– Antonio Meneghetti –

Before being dictated the nature
needs to be obeyed.

– Bacon –

A true scientist is not one who
has more acquired, but one who
has more understood.

– Leibniz –

Science – to know how the
being acts. To know the action
of the being.

– Antonio Meneghetti –

Science is benefactor of
mankind.

– Berthelot –

Home » News

Yearbook 2020 of the Latvian Academy of Sciences has been published in English!

The Yearbook of the Latvian Academy of Sciences 2020 has been published in English! The aim of the publication is to acquaint world scientists with the research of Latvian scientists and to promote co-operation with foreign institutions.

You can get acquainted with the Yearbook on the website of the Latvian Academy of Sciences.

The new edition contains more than 40 articles, including an article by the LAS Institute of Economics on cooperation with the Chinese Academy of Social Sciences.

Without bees, the rest of agriculture can experience a decline

Nina Linde, the head of the Institute of Economics of the Latvian Academy of Sciences, talks about the situation and perspectives in the Latvian economy and the impact of COVID-19 on the national economy, as well as the threat to the beekeeping sector.

The detailed conversation can be found at the DIENA national newspaper.

Smart Specialization Strategy Research Ecosystem Reviews

The Ministry of Education and Science has published analytical reports on the development of the research ecosystem in each area of the Smart Specialization Strategy (RIS3), as well as in the Social Sciences and Humanities (area with horizontal impact on RIS3) in the period 2014-2018.

The publication is available at the Ministry of Education and Science website.

COVID-19 is man-made, says a Nobel Prize-winning virologist in medicine

French virologist Luc Antoine Montagnier (1932), who received the 2008 Nobel Prize in Medicine for HIV Detection, claims that the coronavirus SARS-CoV-2, which causes COVID-19, is man-made.

Full publication is available at Informācijas aģentūra website.

RTU professor researcher of LAS Institute of Economics Dr. oec. Jānis Vanags is visiting Latvian Radio 4

RTU professor, researcher of LAS Institute of Economics Dr. oec. Jānis Vanags visited Latvian Radio 4. During the interview, some economic topics were discussed. The current economic situation both in Latvia and worldwide was discussed. Jānis Vanags shared his own views and vision of what is happening in the world.

Listen to the full recording here:

https://lr4.lsm.lv/lv/raksts/aleksandr-studija/yanis-vanags-priznanie-neznanija-glavniy-priznak-umnih-lyudey.a132712/?fbclid=IwAR01cUbRukkJzQNZZkOGFQeIE2DyQkwLOlt_qVw0kUy94zfF6zUaaRBdM1U

The LAS Institute of Economics names the main success factors in Latvia’s fight with COVID-19

Director of the LAS Institute of Economics Dr. Nina Linde participated in an online expert seminar: “Latvia’s Perspectives in a Pandemic: Economic Recovery and the Future of EU Policy”, organized by the Polish Institute of International Relations (PISM) to present the Institute of Economics’ views on Latvia’s experience in a pandemic. The other participants of the seminar were Alise Balode, Deputy Ambassador of the Permanent Representative of the Republic of Latvia to the European Union; Kinga Ras, Chief Expert of the Polish Institute of International Relations in the Baltic States, and Lukasz Jurczyszyn, Director of the Brussels Office of PISM.


During the panel discussion, Nina Linde gave a presentation on Latvia’s experience in the fight against the virus. Among the Baltic States, Latvia has the lowest number of viral infections and the weakest restrictions. At the same time, the country quickly decided on an important recovery package to stabilize the country’s economic situation.
The LAS Institute of Economics put forward four main success factors, due to which Latvia has one of the lowest cases of COVID-19 per 100,000 inhabitants in Europe:


1) Rapid response of the government to the outbreak in Latvia, implementing the emergency situation and announcing all related restrictions.
The state of emergency in Latvia was declared on March 12, 2020, when the number of detected cases in Latvia had not reached even 30. Latvia did so at a time when many other European countries were still in the decision-making and evaluation process.
2) High level of professionalism of doctors and medicine in Latvia
The role of science is one of the key aspects in deciding how to overcome any crisis. During the Covid-19 crisis, the Latvian government has treated scientists and medical experts with great respect, following their recommendations and taking into account the instructions of medical professionals before making political decisions. This facilitated the introduction of science-based solutions and partially controlled the virus outbreak, as the majority of Covid-19 cases were traceable.
3) High level of legal awareness among the population.
Latvians comply with the law, as well as the restrictions and recommendations set by doctors and the government. The majority of the public complied with the rules of self-isolation and observed a distance of 2 m; as a result, very few restrictions were recorded.
4) Natural social isolation.
The relatively small population is spread throughout the country, so it allowed to avoid the spread of the virus in regions outside Riga and in the countryside.


The seminar is part of a discussion cycle on the COVID-19 crisis in Central and Eastern Europe.