In the media: Dissecting GDP growth. Good news and bad news
Morten Hansen, Head of Economics Department at SSE Riga, analyzes GDP growth in Latvia.
The Central Statistical Bureau confirmed a few days ago what we all knew: That GDP also grew in the 4th quarter of 2019 (but not by much; just 1.1% year-on-year), implying uninterrupted growth for the past 36 quarters since the economy emerged from the recession following the financial crisis.
Here just a little dissecting of the growth performance of this century: Where did it come from and what can we expect as we go ahead?