Latvian central bank announces annual student paper competition

The Latvian central bank, Latvijas Banka (LB) has announced its annual student papers competition, with cash prizes on offer for the winners.

Latvijas Banka is organising the competition for the 22nd time. Participation is open to citizens and non-citizens of Latvia, Lithuania and Estonia as well as foreigners who at the time of the competition are registered as students of higher education institutions accredited in the Baltic States, enrolled in Bachelor's or Master's degree programmes, as well as to the students from the Baltic States studying abroad.

The submitted papers must discuss subjects currently relevant for the Baltic and euro area economies (suggestions for topics and a list of the previous years' award-winning papers are available on the website:

The competition papers must be submitted to Latvijas Banka from May 13 to May 31, 2024, so there's plenty of time to knock them into shape before submission.

The winning papers will be published on Latvijas Banka's website, and their authors stand to supplement their student income with monetary awards of EUR 1500 to the first-prize-winning paper, EUR 1250 to the two second-prize-winning papers each and EUR 1000 to the three third-prize-winning papers each; in the case of co-authored papers, the award shall be divided among the authors.

30 papers were submitted to the competition in the academic year 2022/2023 from 10 higher educational institutions of Latvia and foreign countries (the Stockholm School of Economics in Riga, Riga Stradiņš University, BA School of Business and Finance, the University of Latvia, Riga Technical University, Riga Business School, Latvia University of Life Sciences and Technologies, Erasmus University Rotterdam, Bocconi University and the New Economic School). Lotte Vahelaan and Linda-Terese Makk, students of the Stockholm School of Economics in Riga, won the first prize in the competition for their paper "Unleashing the Potential of Estonian Firms: An Empirical Analysis of the Impact of ERDF Grants".

The Regulation for the Competition, the papers of the previous prize-winners and other information are available on the website under the section FOR STUDENTS.

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