Republic of Armenia : Accumulation, Competition, and Connectivity

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collection.link.76
https://openknowledge.worldbank.org/handle/10986/2184
collection.name.76
Country Economic Memorandum
dc.contributor.author
World Bank
dc.date.accessioned
2014-01-31T20:58:38Z
dc.date.available
2014-01-31T20:58:38Z
dc.date.issued
2013-04
dc.description.abstract
By 2013, the Armenian economy has left behind most of the hangover from the global financial crisis and a look at medium- to long-term growth drivers is therefore in order. The central tenet of this report is that the government's job creation agenda requires a different growth model than the one followed before the global crisis. Reaching the goals of the government's strategy will require a combination of four factors: first, higher investment and better financial intermediation between savers and investors. Second, better utilization of the labor force, including the largely untapped resource of Armenians abroad. Third, stronger competitive pressures in the markets for goods and services, which will improve incentives for companies to innovate, adopt new technologies, and become more efficient. Fourth, enhanced connections of the landlocked Armenian economy with world markets, including through land, air, and through internet and communication technologies. This report's theoretical framework emphasizes structural reforms to drive growth. This report is structured as follows: chapter one is macroeconomic developments and outlook; chapter two focuses on saving, investment, and financial intermediation; chapter three focuses on human resources; chapter four focuses on competition; chapter five focuses on land connectivity; chapter six focuses on air connectivity; and chapter seven deals with internet and communications technology (ICT).
en
dc.identifier.uri
http://hdl.handle.net/10986/16781
dc.language
English
dc.language.iso
en_US
dc.publisher
Washington, DC
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCESS TO INFORMATION
dc.subject
AGGREGATE DEMAND
dc.subject
AGRICULTURAL OUTPUT
dc.subject
BARRIERS TO COMPETITION
dc.subject
BARRIERS TO ENTRY
dc.subject
BARRIERS TO GROWTH
dc.subject
BEHAVIOR OF PRICES
dc.subject
BOND MARKET
dc.subject
BONDS
dc.subject
BUSINESS ENVIRONMENT
dc.subject
CAPITAL ACCUMULATION
dc.subject
CAPITAL FLOW
dc.subject
CAPITAL FLOWS
dc.subject
CAPITAL FORMATION
dc.subject
CAPITAL INFLOWS
dc.subject
CAPITAL MARKET
dc.subject
CAPITAL MARKETS
dc.subject
CARTELS
dc.subject
CENTRAL BANK
dc.subject
CENTRAL DEPOSITORY
dc.subject
COAL
dc.subject
COLLATERAL
dc.subject
COLLATERAL BACKING
dc.subject
COMMERCIAL BANKS
dc.subject
COMMODITY
dc.subject
COMMODITY PRICES
dc.subject
COMMUNICATION TECHNOLOGIES
dc.subject
COMMUNICATION TECHNOLOGY
dc.subject
COMMUNICATIONS TECHNOLOGY
dc.subject
COMPETITION FRAMEWORK
dc.subject
COMPETITION POLICY
dc.subject
COMPETITIVE MARKETS
dc.subject
COMPETITIVENESS
dc.subject
CONCEPTUAL FRAMEWORK
dc.subject
CONFIDENTIALITY
dc.subject
CONNECTIVITY
dc.subject
CONSUMER PRICE
dc.subject
CONSUMER PRICE INDEX
dc.subject
CORPORATE CLIENTS
dc.subject
COUNTRY DEVELOPMENT
dc.subject
CPI
dc.subject
CREDIT FACILITY
dc.subject
CREDIT INSTITUTIONS
dc.subject
CREDIT PRODUCTS
dc.subject
CRITICAL MASS
dc.subject
CURRENCY
dc.subject
CURRENT ACCOUNT BALANCE
dc.subject
CUSTOMER SERVICE
dc.subject
DEBT
dc.subject
DECISION MAKING
dc.subject
DEPOSIT
dc.subject
DEPOSIT RATE
dc.subject
DEPOSITS
dc.subject
DOMESTIC COMPETITION
dc.subject
DOMESTIC ECONOMY
dc.subject
DOMESTIC INVESTORS
dc.subject
DOMESTIC MARKET
dc.subject
ECONOMIC CRISIS
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC DEVELOPMENTS
dc.subject
ECONOMIC DYNAMISM
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC INTEGRATION
dc.subject
ELECTRICITY GENERATION
dc.subject
EMERGING ECONOMIES
dc.subject
ENTRY POINT
dc.subject
EXCHANGE RATE
dc.subject
EXPENDITURE
dc.subject
EXTERNAL TRADE
dc.subject
EXTERNALITIES
dc.subject
FACTORS OF PRODUCTION
dc.subject
FEDERAL RESERVE
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL INFRASTRUCTURE
dc.subject
FINANCIAL MARKET
dc.subject
FINANCIAL MARKET DEVELOPMENT
dc.subject
FINANCIAL PRODUCTS
dc.subject
FINANCIAL SECTOR
dc.subject
FINANCIAL SECTOR DEVELOPMENT
dc.subject
FINANCIAL SERVICES
dc.subject
FINANCIAL SYSTEM
dc.subject
FISCAL DEFICIT
dc.subject
FIXED CAPITAL
dc.subject
FIXED COSTS
dc.subject
FIXED INCOME
dc.subject
FOREIGN CAPITAL
dc.subject
FOREIGN DIRECT INVESTMENT
dc.subject
FOREIGN EXCHANGE
dc.subject
FOREIGN INVESTMENTS
dc.subject
FOREIGN INVESTORS
dc.subject
FORESTRY
dc.subject
FUND INFORMATION
dc.subject
GLOBAL MARKET
dc.subject
GLOBAL MARKETS
dc.subject
GOVERNMENT BOND
dc.subject
GOVERNMENT DEBT
dc.subject
GOVERNMENT INTERVENTIONS
dc.subject
GOVERNMENT SECURITIES
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
HIGH UNEMPLOYMENT
dc.subject
HOME COUNTRY
dc.subject
HUMAN CAPITAL
dc.subject
INCOME
dc.subject
INCOMES
dc.subject
INFLATION
dc.subject
INFLATION TARGETING
dc.subject
INFORMATION TECHNOLOGY
dc.subject
INFRASTRUCTURE INVESTMENTS
dc.subject
INFRASTRUCTURE PROJECTS
dc.subject
INNOVATIVE TECHNOLOGY
dc.subject
INSURANCE
dc.subject
INTANGIBLE
dc.subject
INTELLECTUAL PROPERTY
dc.subject
INTEREST RATE
dc.subject
INTERNATIONAL MARKETS
dc.subject
INTERNATIONAL TRADE
dc.subject
INVESTMENT CLIMATE
dc.subject
INVESTOR CONFIDENCE
dc.subject
IRRATIONAL EXUBERANCE
dc.subject
JOB CREATION
dc.subject
LABOR COSTS
dc.subject
LABOR FORCE
dc.subject
LABOR MARKET
dc.subject
LABOR PRODUCTIVITY
dc.subject
LAW ENFORCEMENT
dc.subject
LEGAL FRAMEWORK
dc.subject
LIBERALIZATION
dc.subject
MACROECONOMIC MANAGEMENT
dc.subject
MARGINAL COSTS
dc.subject
MARKET ACCESS
dc.subject
MARKET BEHAVIOR
dc.subject
MARKET COMPETITION
dc.subject
MARKET CONDITIONS
dc.subject
MARKET DISTORTIONS
dc.subject
MARKET DOMINANCE
dc.subject
MARKET PARTICIPANTS
dc.subject
MARKET POWER
dc.subject
MARKET REGULATION
dc.subject
MARKET REGULATIONS
dc.subject
MARKET SECURITIES
dc.subject
MARKET SEGMENT
dc.subject
MARKET STRUCTURE
dc.subject
MARKET STRUCTURES
dc.subject
MARKET TRENDS
dc.subject
MERCHANDISE
dc.subject
MERCHANDISE TRADE
dc.subject
METALS
dc.subject
MICROFINANCE
dc.subject
MONOPOLY
dc.subject
MORTGAGE
dc.subject
MORTGAGE COMPANY
dc.subject
MULTINATIONAL CORPORATION
dc.subject
NATURAL MONOPOLIES
dc.subject
NEW MARKET
dc.subject
NEW PRODUCTS
dc.subject
OIL
dc.subject
OVERHEAD COSTS
dc.subject
PENSION
dc.subject
POLICY INSTRUMENTS
dc.subject
POLICY MAKERS
dc.subject
PORTFOLIO
dc.subject
PRICE COMPARISON
dc.subject
PRICE COMPARISON ANALYSIS
dc.subject
PRICE COMPARISONS
dc.subject
PRICE CONTROLS
dc.subject
PRICE DIFFERENCES
dc.subject
PRICE FIXING
dc.subject
PRIMARY MARKET
dc.subject
PRIVATE EQUITY
dc.subject
PRIVATE SAVING
dc.subject
PRIVATE SECTOR CREDIT
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PRIVATIZATION
dc.subject
PRODUCT MARKET
dc.subject
PRODUCTION TECHNOLOGY
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PUBLIC DEBT
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PUBLIC SAVING
dc.subject
RAPID DEVELOPMENT
dc.subject
REAL ESTATE
dc.subject
RECYCLING
dc.subject
REGULATOR
dc.subject
REGULATORS
dc.subject
REGULATORY AUTHORITY
dc.subject
REGULATORY FRAMEWORK
dc.subject
REGULATORY RESTRICTIONS
dc.subject
RESOURCE ALLOCATION
dc.subject
RETAINED EARNINGS
dc.subject
SAFETY NET
dc.subject
SAVINGS
dc.subject
SECURITIES
dc.subject
SECURITIES MARKETS
dc.subject
SECURITIES REGULATION
dc.subject
SECURITY INTEREST
dc.subject
SHAREHOLDER
dc.subject
SKILL SHORTAGES
dc.subject
SKILLED WORKERS
dc.subject
SMALL COUNTRY
dc.subject
SOLAR GENERATION
dc.subject
STOCK MARKET
dc.subject
STOCK MARKET CAPITALIZATION
dc.subject
SUSTAINABILITY ANALYSIS
dc.subject
TAX
dc.subject
TAX TREATMENT
dc.subject
TECHNICAL ASSISTANCE
dc.subject
TRANSPARENCY
dc.subject
TURNOVER
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UNEMPLOYMENT
dc.subject
URBAN DEVELOPMENT
dc.subject
VERTICAL INTEGRATION
dc.subject
VOLATILITY
dc.subject
WELFARE GAINS
dc.subject
WORKING CAPITAL
dc.subject
WORLD DEVELOPMENT INDICATORS
dc.subject
WORLD MARKETS
dc.subject
WORLD TRADE
dc.title
Republic of Armenia : Accumulation, Competition, and Connectivity
en
okr.date.disclosure
2013-10-03
okr.doctype
Economic & Sector Work :: Country Economic Memorandum
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2013/04/18341626/armenia-accumulation-competition-connectivity
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Environment and Natural Resources
okr.globalpractice
Finance and Markets
okr.globalpractice
Finance and Markets
okr.globalpractice
Trade and Competitiveness
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333037_20131003152734
okr.identifier.internaldocumentum
18341626
okr.identifier.report
81137
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/10/03/000333037_20131003152734/Rendered/PDF/811370revision0Box0379837B00PUBLIC0.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Armenia
okr.sector
Public Administration, Law, and Justice
okr.sector
Education
okr.sector
Finance
okr.sector
Health and other social services::Health
okr.sector
Industry and trade
okr.theme
Economic management::Analysis of economic growth
okr.theme
Economic management::Debt management and fiscal sustainability
okr.theme
Economic management::Macroeconomic management
okr.theme
Public sector governance::Tax policy and administration
okr.theme
Trade and integration::Export development and competitiveness
okr.topic
Environmental Economics and Policies
okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
okr.topic
Economic Theory and Research
okr.topic
Private Sector Development :: Emerging Markets
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Environment
okr.unit
Macroeconomics 1 (ECSP1)
okr.volume
1 of 1

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