Transatlantic economy: growing connections between Europe, the US and the world

Views: 46Three main “actors” in world economy- the US, China and the EU- account for about three-fourths of the global GDP. However, two economies in trans-Atlantic relations, i.e. the US and EU have already become strong drivers in progressive global growth. The transatlantic economic ties provide, e.g. for 16 million jobs on both sides in […]

Risk aversion in business: getting through modern challenges

Views: 38Modern challenges have greatly altered traditional approaches to managing risks; besides, the concept of risk aversion in entrepreneurship has been transformed as well by the digitalization and the new ICTs. Conference at Latvian Turiba University this March is devoted to analysis of some vital issues concerning risks in contemporary socio-economic development and business.  

Higher education qualification’s recognition: towards European degree label

Views: 26A year-long EU project, initiated and guided by the European Commission, advised the European Universities Alliances to examine and facilitate the delivery of the joint European degree “label”. The European approach for joint programs, adopted by the member states’ education ministers can ease external quality assurance, based on Bologna process’ criteria, and bring more […]

Some basic freedoms’ aspects in the EU’s internal market

Views: 27Membership in the EU means accepting “four basic freedoms of movement”: people, capital, goods, establishing and providing services. They are supposed to cope with the EU-wide main values: representative democracy, equality, rule of law and human rights. Besides they are serving as a safeguard for the European competitiveness in the world.

European social market economy: the concept of stable growth

Views: 50The European integration “project” with its seventy years experience is based on a specific development model called “social market economy”, in which the member states’ growth sectors are heavily regulated by the EU institutions. Particularly, the post-pandemic period has shown the growing amount of the EU support for “managing” the states in the transition […]

Education policy in Latvia: urgent reforms are needed

Views: 68The number of students in Latvia during the last two decades dramatically decreased: from about 131 thousand in 2005 to 74 thousand presently. About half of the students enrolled in 52 higher education institutions are in bachelor programs, about a quarter at masters’ level, three percent are in doctoral programs, plus about 20 percent […]

EU’s renewables: third project in the hydrogen value chain

Views: 69Although the renewable hydrogen supply chain in Europe is still in a nascent phase, however, the new Hy2Infra project will deploy the initial building blocks of an integrated and open EU-wide renewable hydrogen network. This project was jointly prepared by seven states: France, Germany, Italy, the Netherlands, Poland, Portugal, and Slovakia.  

EU’s platform workers directive: socialists and democrats initiatives

Views: 35Three EU’s legislative institutions reached at the end of 2023 an agreement on the platform workers’ directive aimed to improve the working conditions of more than 28 million gig-workers in the EU member states. However, the final agreement was delayed, which was according to European socialists “a failed opportunity” to show the EU-wide intention […]

European market: efforts to adapt to new realities

Views: 50The European “social market economy” concept is being subject to significant alterations under modern global challenges during last decade, in particular the through the increased digitalisation, new ways of producing and offering goods and services, as well as through the interconnected nature of commercial exchanges. Market definition provides guidance on the principles of the […]