The Asia-Europe Foundation (ASEF), in partnership with the Ministry of Economics of the Republic of Latvia, organised a public lecture on “Smart Austerity and the New Baltic Growth Model".
Title: “Smart Austerity” and the New Baltic Growth Model
Speaker: Mr Daniels PAVĻUTS
Minister of Economics of the Republic of Latvia
Date: Thursday, 7 March 2013
Time: 4:00 - 5:30 pm
Venue: Conference Room, Asia-Europe Foundation (ASEF)
31 Heng Mui Keng Terrace, Singapore 119595
Mr Daniels Pavļuts is presently the Minister of Economics of the Republic of Latvia. He holds a Master’s Degree in Public Administration from Harvard University’s John F. Kennedy School of Government. Previously, Mr Pavļuts facilitated the dialogue of businesses and the public sector when he held leading positions at Swedbank and Latvian Chamber of Commerce and Industry. From 2003 to 2006, he served as the State Secretary of the Ministry of Culture of Latvia.
Based on his strong background and hands-on experience, Mr Pavļuts provided insightful perspectives on the Baltic economic growth model and comparisons between small-scale economies. In particular, it was exciting to see what Latvia and Singapore could learn from each other.
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ASEF in partnership with the Ministry of Economics of the Republic of Latvia, organised a public lecture on “Smart Austerity and the New Baltic Growth Model” in Singapore (7 March 2013). Mr Daniels Pavļuts, Minister of Economics of the Republic of Latvia, was the keynote speaker for the day.
During the lecture, Mr Pavļuts described Latvia’s growth model as “smart austerity” that focuses on reviving the business environment by creating a favourable macroeconomic framework. He highlighted that such a framework restores confidence and directs the economy away from debt-driven financial services and construction. Based on his strong background and hands-on experience, Mr Pavļuts provided insightful perspectives on the Baltic economic growth model and comparisons between small-scale economies. In particular, it was exciting to see what Latvia and Singapore could learn from each other.
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