Report

Armenia Country Economic Update, Fall/Winter 2017-18 : A Window of Opportunity to Tackle Challenging Reforms

Show simple item record

collection.link.85
https://openknowledge.worldbank.org/handle/10986/2193
collection.name.85
Economic Updates and Modeling
dc.contributor.author
World Bank Group
dc.date.accessioned
2018-01-30T20:05:20Z
dc.date.available
2018-01-30T20:05:20Z
dc.date.issued
2017-12
dc.description.abstract
The World Bank expects the Armenian economy to grow about 4 percent in 2017 with a modest but sustained recovery envisaged over the medium term. After stagnating in 2016, the economy showed renewed and greater-than-expected strength in the first half of 2017, which has continued into the third quarter but at a moderated pace. Higher gross domestic product (GDP), along with improvements in tax administration, have contributed to an improvement in tax collection, which has permitted some loosening of the earlier compression of capital expenditures. Having exceeded the fiscal rule’s lower debt-to-GDP threshold (50 percent), the deficit has been constrained to below 3 percent of GDP this year. This issue of the Armenia country economic update includes a special section on population, migration, and growth. It highlights the extent to which net out migration has driven Armenia’s population dynamics, how it may affect longer term growth, and the types of policies that can stem the outflow of Armenia’s best and brightest young people.
en
dc.identifier.uri
http://hdl.handle.net/10986/29268
dc.language
English
dc.publisher
World Bank, 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
FISCAL POLICY
dc.subject
DEBT
dc.subject
LABOR MARKET
dc.subject
MONETARY POLICY
dc.subject
STRUCTURAL REFORM
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC OUTLOOK
dc.subject
RISKS
dc.subject
MIGRATION
dc.subject
EMIGRATION
dc.title
Armenia Country Economic Update, Fall/Winter 2017-18
en
dc.title.subtitle
A Window of Opportunity to Tackle Challenging Reforms
en
dc.type
Report
en
okr.date.disclosure
2018-01-28
okr.doctype
Economic & Sector Work :: Economic Updates and Modeling
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/589681517210192411/Armenia-A-window-of-opportunity-to-tackle-challenging-reforms
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
090224b0855c58bf_1_0
okr.identifier.internaldocumentum
29542129
okr.identifier.report
122979
okr.imported
true
en
okr.language.supported
en
okr.pdfurl
http://documents.worldbank.org/curated/en/589681517210192411/pdf/122979-WP-PUBLIC-Armenia-report-add-series.pdf
en
okr.region.administrative
Europe and Central Asia
okr.region.country
Armenia
okr.topic
Macroeconomics and Economic Growth :: Economic Forecasting
okr.topic
Macroeconomics and Economic Growth :: Economic Growth
okr.topic
Macroeconomics and Economic Growth :: Economic Policy, Institutions and Governance
okr.topic
Macroeconomics and Economic Growth :: Fiscal & Monetary Policy
okr.topic
Poverty Reduction :: Employment and Shared Growth
okr.topic
Poverty Reduction :: Migration and Development
okr.topic
Social Protections and Labor :: Labor Markets
okr.unit
Macroeconomics, Trade and Investment Global Practice

Show simple item record



This item appears in the following Collection(s)