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 –

Sākums » News » Page 2

Nina Linde: Low pensions are not a consequence of Riga municipality, but of state social policy

Dr. Nina Linde, Director of the LAS Institute of Economics, talks about the results of the Institute’s demographic forecasts and other problems of Riga’s development Neatkarīgā Rīta Avīze.

Full publication is available at the Neatkarīga website.

The value of a new real estate cadastre – government incompetence or arrogance? Prof. Vanaga and assoc. prof. Nina Linde’s article in the Open city magazine

The LAS Institute of Economics submitted its opinion on the new draft cadastral values ​​developed by the Ministry of Justice (Ministry of Justice) and the State Land Service (State Land Service), participating in the public discussion of the draft regulations of the Cabinet of Ministers “Regulations on the Cadastral Value Base for 2022, 2023, 2024 and 2025”.


According to the new methodology, it is planned to increase the cadastral value on average more than 2 times in conditions when housing prices in Latvia have increased more than 1.4 times since 2015 and this is one of the largest increases in the entire EU and OECD countries.

Increasing the cadastral value in many cases will be associated with an increase in real estate tax (hereinafter – RET). According to estimates for commercial properties and production facilities, the RET payment may increase 3-5 times; but in some cases, entrepreneurs are worried that the cadastral value of real estate may increase 10 times, taking into account the methodology set out by the State Land Service.

Thus, by determining the cadastral value of real estate at the market price and raising the tax rate in the current socio-economic situation, additional conditions are created for the mass expulsion of local investors and commercial developers from the state and further increase in unemployment.

In order to eliminate the inconsistency of the new cadastral value calculation regulation proposed by the government with the current situation in Latvia, the LAS Institute of Economics proposes to take several measures:

  • To more actively and purposefully involve merchants, teachers, doctors, other residents of the state in the development of tax policy and its implementation;
  • To consider the possibility of replacing the currently used calculation method with another known method of determining the cadastral value – after the introduction of the real estate object;
  • To develop a socio-economic rationale for each tax reform, revealing the shortcomings and inconsistencies of the current tax system by type of tax;
  • To include the reforms to be carried out in the tax system, indicating the year in which they will be carried out;
  • Publish in due course, but not later than half a year, an assessment of the existing tax system and a justification for the reforms to be carried out;
  • To reveal the possible positive and negative effects of the tax reform to be performed, as well as the positive and negative side effects;
  • To show greater self-esteem and respect for taxpayers and other citizens;
  • Maintain an active discussion – provide feedback to stakeholders on the forthcoming tax reform and inform the public about the outcome of the discussion.

Representatives of the LAS Institute of Economics meet with seniors of nursing homes to know more about their needs

On Friday, the director of the LAS Institute of Economics Dr. Nina Linde and the Scientific Secretary of the Institute Polina Kolobova, who represents the list of the Greens and Farmers’ Union in the Riga municipal elections, met with the residents and staff of the social care center “Liepa” to find out the real needs of Latvian seniors. Epidemiological safety measures were followed during the meeting.

Every Latvian senior deserves a full old age. Unfortunately, statistics show that Latvia ranks first among European seniors at risk of poverty – the proportion of seniors at risk of poverty and social exclusion has already reached 50% in 2019, which means that every second Latvian senior is experiencing difficulties and does not receive sufficient support. The number of seniors at risk increases every year. Greater state and municipal support is needed to improve the well-being of seniors. The aim of the LAS Institute of Economics is to help the municipality find solutions to improve the quality of life of Latvian seniors.

“Liepas” seniors actively participated in the discussion. Problems that concern the older generation include: expensive medications; injustice in the institutions; local government indifference; empty promises without result; fragmentation; and moving abroad people. The seniors recommended more active involvement in the political process, so that everyone’s needs were heard and definitely participate in the elections! During the conversation, several proposals were mentioned that should be taken into account by the municipality:

  1. Reduce bureaucracy and facilitate the procedure for receiving support for pensioners;
  2. To support Riga nursing homes by offering more municipal support;
  3. The municipality must be more responsive to the needs of pensioners;
  4. Cheaper medicines, co-financing for medicines from the municipality;
  5. To take care of single mothers and fathers, even though they have 1 child, both moral, legal and financial support from the municipality must be provided;
  6. To support also large families – “the key to the new generation to grow up”;
  7. Support small and medium-sized farmers;
  8. Merge parties, reduce fragmentation.
  9. Representatives of the LAS Institute of Economics participating in politics and participating in the Riga elections, which will take place this year. On August 29, from the list of ZZS, we hope that we will be able to influence the events in Latvia, not only by studying the problems of the national economy, but also by practically taking care of the well-being of our citizens.

Representatives of the LAS Institute of Economics participating in politics and participating in the Riga elections, which will take place this year. On August 29, from the list of ZZS, we hope that we will be able to influence the events in Latvia, not only by studying the problems of the national economy, but also by practically taking care of the well-being of our citizens.

The LAS Institute of Economics submitted proposals to the Ministry of Justice and the State Land Service regarding the procedure for calculating the new cadastral value

The Institute of Economics of the Latvian Academy of Sciences submitted its opinion on the new cadastral value project developed by the Ministry of Justice (MoT) and the State Land Service (SLS), with participation of Cabinet of Ministers on “Regulations on the Cadastral Value Base for 2022, 2023, 2024 and 2025” in the public consultation.

According to the new methodology, it is planned to increase the cadastral value on average more than 2 times in the circumstances when house prices in Latvia have increased more than 1.4 times since 2015 and this is one of the largest increases in the entire EU and OECD countries.

Increasing the cadastral value in many cases will be associated with an increase in real estate tax (hereinafter – RET). According to estimates for commercial properties and production facilities, the RET payment may increase 3-5 times; but in some cases, entrepreneurs are worried that the cadastral value of real estate may increase 10 times, taking into account the methodology set out by the State Land Service.

Thus, by determining the cadastral value of real estate at the market price and raising the tax rate in the current socio-economic situation, additional conditions are created for the mass expulsion of local investors and commercial developers from the state and further increase in unemployment.

In order to eliminate the inconsistency of the new cadastral value calculation regulation proposed by the government with the current situation in Latvia, the LAS Institute of Economics proposes to take several measures:

  • To more actively and purposefully involve merchants, teachers, doctors, other residents of the state in the development of tax policy and its implementation;
  • To consider the possibility of replacing the currently used calculation method with another known method of determining the cadastral value – after the introduction of the real estate object;
  • To develop a socio-economic rationale for each tax reform, revealing the shortcomings and inconsistencies of the current tax system by type of tax;
  • To include the reforms to be carried out in the tax system, indicating the year in which they will be carried out;
  • Publish in due course, but not later than half a year, an assessment of the existing tax system and a justification for the reforms to be carried out;
  • To reveal the possible positive and negative effects of the tax reform to be performed, as well as the positive and negative side effects;
  • To show greater self-esteem and respect for taxpayers and other citizens;
  • Maintain an active discussion – provide feedback to stakeholders on the forthcoming tax reform and inform the public about the outcome of the discussion.

The results of the work of the LAS Institute of Economics are included in the report of the UN Economic and Social Council

The report of the United Nations Economic and Social Council (ECOSOC) in July 2020 welcomed the work of the III International Economic Forum, organized by the LAS Institute of Economics in Riga, on October 31 and November 1, 2019, with the national research program project INTERFRAME-LV support. The forum was attended by 170 participants from 22 countries, including ambassadors from 12 countries and 56 speakers from 10 countries. The involvement of young people in the work of the Forum and its international dimension, which could serve as a further contribution to the UN Sustainable Development Goals, were particularly positively described. The Economic and Social Council supported the organization of such projects and events in the future.

The following priorities were identified as recommendations to the UN in the development of future initiatives:

  • Promote educational initiatives in line with the Sustainable Development Goals and facilitate their implementation by involving young people;
  • Support multicultural experiences among young people in order to prevent racism, intolerance and prejudice;
  • To support social responsibility in the education system.
    The IV International Economic Forum will take place on November 27 this year on the topic “FUTURE ECONOMY: globalization challenges faced by Europe and the Baltics in the 21st century”. For more information: International Economic Forum!

Institute of Economic of the Latvian Academy of Sciences recieved Ambassador Extraordinary and Plenipotentiary of Uzbekistan Kadambay Sultanov

At the September 3, 2020 the Institute of Economics of the Latvian Academy of Sciences received the Ambassador Extraordinary and Plenipotentiary of Uzbekistan Kadambay Sultanov. Topics important for Uzbekistan and Latvia such as economic diversification and strengthening the national economy in the conditions of the pandemic, the impact of Covid-19 on the economy and exports, globalization challenges in Europe and Asia, labor market development trends, raising the qualifications of Uzbek citizens to European market standards were discussed and the development of gender equality in both countries.

The LAS Institute of Economics presented to the Ambassador the research conducted by the Institute and its results on the sectors of the Latvian economy, the ports of Riga, the development of entrepreneurial skills and the promotion of the qualification of the workforce, etc.

As a result of the meeting, the LAS Institute of Economics and the Embassy of Uzbekistan agree on further cooperation in organizing joint projects and educational activities, providing opportunities for raising the qualification of the workforce and attracting EU funds to strengthen cooperation between Uzbekistan and Latvia. Director of the Institute Dr. Nina Linde invited His Excellency Ambassador Kadambay Sultanov to the IV International Economic Forum “FUTURE ECONOMY: Globalization challenges faced by Europe and the Baltics in the 21st century”, which will take place this year.

We thank the Embassy of Uzbekistan for this valuable meeting and mutually enriching conversation! We look forward to the further development of cooperation between our institutions and our countries!