Foreign Policy “On the Cheap”: Latvia’s Foreign Policy Experience from the Economic Crisis

This article assesses whether the reduction of budgetary allocations to the Ministry of Foreign Affairs of Latvia in 2008–2012 led to more modest foreign policy in the sense of both objectives and execution. After assessing four goals of Latvian foreign policy since 2008 – regional cooperation, bilateral development cooperation, facilitation of Latvia’s economic interests abroad, and relations with the Latvian diaspora – the authors conclude that the decrease in funding for the Ministry of Foreign Affairs had little impact on Latvia’s ability to achieve foreign policy objectives.