Wednesday, 16 September 2026
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EconomyPublished: 16 September 2026 at 15:49

University of Latvia professor Šteinbuka: economic policy needs fewer words, more deeds

University of Latvia professor Inna Šteinbuka has called on politicians to move from talk to action on economic policy. She described this shift as her personal wish for Latvia's economy.

Foto: LSM

Inna Šteinbuka, professor at the University of Latvia's Faculty of Economics and Social Sciences and deputy head of the Fiscal Discipline Council, has publicly expressed a wish for a shift away from declarative statements toward concrete action in the country's economic policy.

Šteinbuka said her dream is a situation in which politicians focus more on real work rather than merely verbal promises and statements regarding the economy.

A well-established voice

Inna Šteinbuka is a well-known Latvian economics expert with a long career spanning both academia and oversight of the country's fiscal discipline. Her role at the Fiscal Discipline Council means she regularly monitors the implementation of state budget and economic policy.

The professor's remarks reflect a broader ongoing discussion about the extent to which rhetoric, rather than genuinely implemented decisions and reforms, dominates economic policy discourse in Latvia's political environment.

Šteinbuka's statement can be read as a call for politicians and decision-makers to focus on the practical implementation of economic policy rather than confining themselves to public statements and promises.

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