Latvia’s Capital Market Development

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 » Latvia’s Capital Market Development

April 2021 | Briefings, Economy, News

Latvia’s capital market is the least developed in European Union, even neighbouring Baltic states have a thrice better performance. Significant undervaluation of the capital market has caused illiquidity of the assets. For comparative purposes, the market capitalization ratio to per cent of GDP is analysed.

In this challenging situation, mature and informed decisions have to be made. Latvian Financial and Capital Market Commission (FCMC) is preparing a plan of actions to develop market capitalization in Latvia and as a logical outcome of these actions the country will be able to improve its position on the European capital market. The 10-step programme for the development of Latvia’s capital market is already available to understand, which measures are going to be implemented by the FCMC.

Full publication can be found here.

*This article has been made in cooperation with China-CEE institute and is the intellectual property of China-CEE institute