Puikus pavyzdys to, kaip reikia mažiau kištis į rinkas ir - TopicsExpress

Puikus pavyzdys to, kaip reikia mažiau kištis į rinkas ir leisti joms pačioms optimaliausiu ir efektyviausiu keliu atsistot ant kojų. Net jei tai reiškia laikiną, bet adekvatų ir neišvengiamą gyvenimo sąlygų pablogėjimą, kuris nepagaunant esmės ir bandant rūpintis žmogumi populistinėmis priemonėmis galėtų būti ir didesnis, ir ilgesnis. Austerity was applied in the Baltics, i.e. the labor market there was sufficiently flexible in the post-crisis period, allowing the economies from the region to rebalance and restore profits, which are the main driving force behind economic progress. The last chart shows that Baltics had declining labor costs right after the crisis (which is the main factor behind their gained competitiveness and increased exports), while the PIGS (except Greece) didnt. Greece, which had been pouring borrowed money in inefficient costs, showed some signs of the rebalance in the end of 2011.

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