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
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dc.date.accessioned
2014-01-31T20:58:38Z
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dc.date.available
2014-01-31T20:58:38Z
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dc.date.issued
2013-04
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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).
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dc.identifier.uri
http://hdl.handle.net/10986/16781
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dc.language
English
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dc.language.iso
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dc.publisher
Washington, DC
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dc.rights
CC BY 3.0 IGO
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dc.rights.holder
World Bank
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dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
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dc.subject
ACCESS TO INFORMATION
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dc.subject
AGGREGATE DEMAND
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AGRICULTURAL OUTPUT
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BARRIERS TO COMPETITION
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BARRIERS TO ENTRY
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dc.subject
BARRIERS TO GROWTH
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BEHAVIOR OF PRICES
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dc.subject
BOND MARKET
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BONDS
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BUSINESS ENVIRONMENT
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dc.subject
CAPITAL ACCUMULATION
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dc.subject
CAPITAL FLOW
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dc.subject
CAPITAL FLOWS
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CAPITAL FORMATION
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CAPITAL INFLOWS
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CAPITAL MARKET
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CAPITAL MARKETS
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CARTELS
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CENTRAL BANK
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CENTRAL DEPOSITORY
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dc.subject
COAL
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COLLATERAL
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COLLATERAL BACKING
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dc.subject
COMMERCIAL BANKS
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dc.subject
COMMODITY
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COMMODITY PRICES
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dc.subject
COMMUNICATION TECHNOLOGIES
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dc.subject
COMMUNICATION TECHNOLOGY
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dc.subject
COMMUNICATIONS TECHNOLOGY
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dc.subject
COMPETITION FRAMEWORK
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COMPETITION POLICY
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dc.subject
COMPETITIVE MARKETS
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COMPETITIVENESS
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dc.subject
CONCEPTUAL FRAMEWORK
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dc.subject
CONFIDENTIALITY
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CONNECTIVITY
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CONSUMER PRICE
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CONSUMER PRICE INDEX
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dc.subject
CORPORATE CLIENTS
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dc.subject
COUNTRY DEVELOPMENT
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dc.subject
CPI
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dc.subject
CREDIT FACILITY
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dc.subject
CREDIT INSTITUTIONS
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dc.subject
CREDIT PRODUCTS
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dc.subject
CRITICAL MASS
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CURRENCY
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dc.subject
CURRENT ACCOUNT BALANCE
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dc.subject
CUSTOMER SERVICE
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dc.subject
DEBT
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dc.subject
DECISION MAKING
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DEPOSIT
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DEPOSIT RATE
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DEPOSITS
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DOMESTIC COMPETITION
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DOMESTIC ECONOMY
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DOMESTIC INVESTORS
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DOMESTIC MARKET
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dc.subject
ECONOMIC CRISIS
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dc.subject
ECONOMIC DEVELOPMENT
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dc.subject
ECONOMIC DEVELOPMENTS
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dc.subject
ECONOMIC DYNAMISM
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dc.subject
ECONOMIC GROWTH
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dc.subject
ECONOMIC INTEGRATION
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ELECTRICITY GENERATION
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dc.subject
EMERGING ECONOMIES
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ENTRY POINT
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EXCHANGE RATE
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EXPENDITURE
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EXTERNAL TRADE
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EXTERNALITIES
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FACTORS OF PRODUCTION
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FEDERAL RESERVE
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FINANCIAL CRISIS
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FINANCIAL INFRASTRUCTURE
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FINANCIAL MARKET
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FINANCIAL MARKET DEVELOPMENT
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FINANCIAL PRODUCTS
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FINANCIAL SECTOR
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FINANCIAL SECTOR DEVELOPMENT
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FINANCIAL SERVICES
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FINANCIAL SYSTEM
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FISCAL DEFICIT
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dc.subject
FIXED CAPITAL
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dc.subject
FIXED COSTS
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FIXED INCOME
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FOREIGN CAPITAL
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FOREIGN DIRECT INVESTMENT
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FOREIGN EXCHANGE
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FOREIGN INVESTMENTS
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FOREIGN INVESTORS
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FORESTRY
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FUND INFORMATION
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GLOBAL MARKET
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GLOBAL MARKETS
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GOVERNMENT BOND
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GOVERNMENT DEBT
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GOVERNMENT INTERVENTIONS
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GOVERNMENT SECURITIES
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GROSS DOMESTIC PRODUCT
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GROWTH RATE
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GROWTH RATES
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HIGH UNEMPLOYMENT
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HOME COUNTRY
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HUMAN CAPITAL
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INCOME
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INCOMES
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INFLATION
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INFLATION TARGETING
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INFORMATION TECHNOLOGY
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INFRASTRUCTURE INVESTMENTS
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INFRASTRUCTURE PROJECTS
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INNOVATIVE TECHNOLOGY
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INSURANCE
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INTANGIBLE
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INTELLECTUAL PROPERTY
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INTEREST RATE
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INTERNATIONAL MARKETS
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INTERNATIONAL TRADE
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INVESTMENT CLIMATE
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INVESTOR CONFIDENCE
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IRRATIONAL EXUBERANCE
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JOB CREATION
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LABOR COSTS
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LABOR FORCE
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LABOR MARKET
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LABOR PRODUCTIVITY
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LAW ENFORCEMENT
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LEGAL FRAMEWORK
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LIBERALIZATION
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MACROECONOMIC MANAGEMENT
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MARGINAL COSTS
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MARKET ACCESS
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MARKET BEHAVIOR
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MARKET COMPETITION
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MARKET CONDITIONS
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MARKET DISTORTIONS
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MARKET DOMINANCE
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MARKET PARTICIPANTS
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MARKET POWER
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MARKET REGULATION
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MARKET REGULATIONS
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MARKET SECURITIES
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MARKET SEGMENT
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MARKET STRUCTURE
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MARKET STRUCTURES
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MARKET TRENDS
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MERCHANDISE
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MERCHANDISE TRADE
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METALS
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MICROFINANCE
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MONOPOLY
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MORTGAGE
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MORTGAGE COMPANY
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MULTINATIONAL CORPORATION
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NATURAL MONOPOLIES
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NEW MARKET
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NEW PRODUCTS
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OIL
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OVERHEAD COSTS
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PENSION
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POLICY INSTRUMENTS
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POLICY MAKERS
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PORTFOLIO
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PRICE COMPARISON
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PRICE COMPARISON ANALYSIS
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PRICE COMPARISONS
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PRICE CONTROLS
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PRICE DIFFERENCES
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PRICE FIXING
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PRIMARY MARKET
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PRIVATE EQUITY
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PRIVATE SAVING
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PRIVATE SECTOR CREDIT
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PRIVATIZATION
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PRODUCT MARKET
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PRODUCTION TECHNOLOGY
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PRODUCTIVITY GROWTH
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PUBLIC DEBT
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PUBLIC SAVING
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RAPID DEVELOPMENT
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REAL ESTATE
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RECYCLING
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REGULATOR
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REGULATORS
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REGULATORY AUTHORITY
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REGULATORY FRAMEWORK
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REGULATORY RESTRICTIONS
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RESOURCE ALLOCATION
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RETAINED EARNINGS
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SAFETY NET
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SAVINGS
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SECURITIES
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SECURITIES MARKETS
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SECURITIES REGULATION
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SECURITY INTEREST
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SHAREHOLDER
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SKILL SHORTAGES
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SKILLED WORKERS
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SMALL COUNTRY
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SOLAR GENERATION
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STOCK MARKET
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STOCK MARKET CAPITALIZATION
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SUSTAINABILITY ANALYSIS
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TAX
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TAX TREATMENT
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TECHNICAL ASSISTANCE
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TRANSPARENCY
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TURNOVER
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UNEMPLOYMENT
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URBAN DEVELOPMENT
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VERTICAL INTEGRATION
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VOLATILITY
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WELFARE GAINS
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WORKING CAPITAL
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WORLD DEVELOPMENT INDICATORS
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WORLD MARKETS
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WORLD TRADE
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dc.title
Republic of Armenia : Accumulation, Competition, and Connectivity
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okr.date.disclosure
2013-10-03
en_US
okr.doctype
Economic & Sector Work :: Country Economic Memorandum
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okr.doctype
Economic & Sector Work
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okr.docurl
http://documents.worldbank.org/curated/en/2013/04/18341626/armenia-accumulation-competition-connectivity
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okr.globalpractice
Macroeconomics and Fiscal Management
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okr.globalpractice
Environment and Natural Resources
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okr.globalpractice
Finance and Markets
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okr.globalpractice
Finance and Markets
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okr.globalpractice
Trade and Competitiveness
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okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000333037_20131003152734
en_US
okr.identifier.internaldocumentum
18341626
en_US
okr.identifier.report
81137
en_US
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/10/03/000333037_20131003152734/Rendered/PDF/811370revision0Box0379837B00PUBLIC0.pdf
en_US
okr.region.administrative
Europe and Central Asia
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okr.region.country
Armenia
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okr.sector
Public Administration, Law, and Justice
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okr.sector
Education
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okr.sector
Finance
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okr.sector
Health and other social services::Health
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okr.sector
Industry and trade
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okr.theme
Economic management::Analysis of economic growth
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okr.theme
Economic management::Debt management and fiscal sustainability
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okr.theme
Economic management::Macroeconomic management
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okr.theme
Public sector governance::Tax policy and administration
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okr.theme
Trade and integration::Export development and competitiveness
en_US
okr.topic
Environmental Economics and Policies
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okr.topic
Macroeconomics and Economic Growth :: Markets and Market Access
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okr.topic
Economic Theory and Research
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okr.topic
Private Sector Development :: Emerging Markets
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okr.topic
Finance and Financial Sector Development :: Debt Markets
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okr.topic
Environment
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okr.unit
Macroeconomics 1 (ECSP1)
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okr.volume
1 of 1
en_US

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