Armenian PDFs Available

13 items available

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http://hdl.handle.net/10986/23700

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Europe and Central Asia Economic Update, Fall 2021: Competition and Firm Recovery Post-COVID-19

(Washington, DC: World Bank, 2021-10-05) World Bank

Although global economic activity is recovering and output in Europe and Central Asia (ECA) is expected to grow in 2021, containing COVID-19 remains a challenge in the region. Enterprise survey data for the emerging and developing countries in the region show that COVID-19 had a profound and heterogeneous impact on firms. Smaller, younger, and female-run businesses were hit harder and had greater difficulty recovering. But the crisis also played a cleansing role and economic activity in ECA appears to have been reallocated toward more productive firms during the crisis, particularly in countries with more competitive markets. Firms with high pre-crisis labor productivity experienced significantly smaller drops in sales and employment than firms with low pre-crisis labor productivity and were also more likely to adapt to the crisis by increasing online activity and remote work. Many governments in ECA implemented broad policy support schemes to address the initial economic fallout from the crisis. Overall, this government support was more likely to go to less productive and larger firms, regardless of the level of their pre-crisis innovation. As economies enter the economic recovery phase, it will be important for policy makers in all countries to phase out broad policy support measures as soon as appropriate and focus on fostering a competitive business environment, which is key to a strong recovery, resilience to future crises, and sustainable, long-term economic growth.
Armenia: Better Understanding International Labor Mobility

(World Bank, Washington, DC, 2019-06) Honorati, Maddalena ; Kerschbaumer, Florentin ; Yi, Soonhwa

Armenia has experienced massive outflows of its people over years. Emigrants’ share of the Armenian population stood at approximately thirty-two percent in 2017, according to migration data from the United Nations (UN). Half of Armenian emigrants reside in Russia. Other key destinations include Azerbaijan, the United States and Ukraine. Recent migration is primarily temporary labor migration, unlike the permanent emigration that occurred in the 1990s. Remittances resulting from migration constitute important support to the welfare of households and the domestic economy. Nevertheless, the effects of remittances and migration on labor markets are not fully understood. As migration is likely to continue, such questions are still timely and relevant. The Russian-Armenian University (RAU) survey data indicate that about as many people would like to migrate as are current first-time migrants. This policy brief aims to explore and address the two questions about migration and its effects on the labor market in Armenia. It uses data from the household migration surveys conducted by the RAU over the three-year period of 2015-2017. The brief describes the general landscape of temporary labor migration and presents relevant policy recommendations.
Country Partnership Framework for the Republic of Armenia for the Period FY19-FY23

(World Bank, Washington, DC, 2019-02-28) World Bank Group

The country partnership framework (CPF) for FY19-FY23 outlines a program of support to the Government of Armenia’s vision for a just, inclusive, and citizen-centric Armenia. The World Bank Group (WBG) strategy will capitalize on the new momentum for deeper reforms and commitment to good governance brought about by recent political changes in Armenia to support a rebalancing of the economy toward a new growth model. The CPF presents to focus on: (i) boosting export enablers and firm competitiveness; (ii) enhancing human capital and equity; and (iii) sustainably managing environmental and natural resources. The CPF will seek opportunities under each focus area to incorporate key elements of good governance and inclusion: public accountability and transparency, citizen engagement, gender equity, spatial equity, and digital connectivity. The CPF focus areas were informed by extensive stakeholder consultations with the government, development partners, the private sector, and civil society; by the development challenges and opportunities highlighted in the government program and the WBG’s systematic country diagnostic (SCD) for Armenia.
Republic of Armenia Leveling the STEM Playing Field for Women: Differences in Opportunity and Outcomes in Fields of Study and the Labor Market

(World Bank, Washington, DC, 2017-05) World Bank

This report summarizes the challenges facing Armenian women at school and in the workplace with a special focus on STEM-related employment. As the world transitions to an increasingly digital economy, jobs in science, technology, engineering, and mathematics (STEM) will become a powerful driver of economic growth in the twenty-first century. Changes in economic productivity brought through technological innovation require countries to focus on STEM; these high-productivity fields are increasingly in demand in the global economy, and are the key to competitiveness and gross domestic product (GDP) growth.Parity between men and women was one of the major achievements of socialist regimes in Eastern Europe and Central Cultural stereotypes about the types of work women should engage in and their responsibilities at home present the strongest barrier to equality between women and men in Armenia Asia. Although access, enrolment, and achievement rates are gender-equal in Armenia, women and girls tend to self-select out of STEM education tracks and career fields. At the level of education institutions, policy actions can address issues of access, information, biases, and system-wide changes to promote gender neutrality. In the short term, schools can engage teachers and students in discussions about the benefits of STEM fields of study and careers, encourage girls to embrace their interest in math and science, and provide positive role models of women who work in STEM careers. Policy action can help women make the school-to-work transition and promote their career advancement once they are working. At a national level, policy and regulatory actions can address systemic issues of bias, market failure, and information. Even at this level, some quick wins are feasible. The government may consider whether public information campaigns are needed to promote positive aspects of STEM careers to students in middle school and above, such as greater income, flexibility, and status, as well as launch a media campaign to promote and celebrate positive female role models in STEM. STEM sectors are an important source of growth for Armenia given the country’s geography and closed borders. Also, considering Armenia’s adverse demographic trends, lifting women’s participation in key growth potential sectors, including STEM, is increasingly critical.
How the Crisis Changed the Pace of Poverty Reduction and Shared Prosperity: Armenia Poverty Assessment

(World Bank, Washington, DC, 2015-06) World Bank Group

This report examines Armenia’s experience in reducing poverty and raising the welfare of the least well-off in the country in the years since 2009. What households spend on consumption is an indicator of their welfare. As the economy recovered from crisis, the least well-off enjoyed some growth in consumption spending, but not as much as in the years up to 2009. Moreover, growth has become less pro-poor in relative terms because the less well-off enjoyed lower growth in consumption than the better-off. As a result, although consumption did translate into a reduction in poverty, inequality is now higher than before 2009. In 2013, 32 percent of Armenia’s population lived below the national poverty line, a poverty rate higher than in pre-crisis years but down from the high of 35.8 percent in 2010. In fact, between 2012 and 2013, poverty reduction seems to have stalled. This report looks at the micro and macro aspects of Armenia’s poverty reduction experience to: (a) describe the key features of post-crisis poverty, inequality, and consumption growth; (b) examine the drivers of poverty reduction in this period; and (c) explore reasons why future growth might not be as pro-poor as in the past.