Growth And Poverty Reduction in Armenia
Achievements And Challenges
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Word Count
25,250 words, Guess
Page Count
101 pages
Physical Format
Paperback
Identifiers
- Open LibraryOL12328437M
- ISBN-139781589064515
- ISBN-101589064518
- OCLC Control Number62407510
- OCLC Control Numberisbn_9781589064515
and 1 more
- Library of Congress Control Number2006295181
Classifications
- LCCHC415.17 .G75 2005
Description
"Since 2000, Armenia's economic performance has been remarkable. Real economic growth has averaged 11 percent per year, annual inflation has averaged 3 percent, and poverty and inequality have fallen. The country has outperformed other low-income countries including other members of the Commonwealth of Independent States . This outcome is particularly impressive given the geographical location of Armenia, the closure of two critical borders, and occasional political turmoil. The key factors behind Armenia's economic performance are prudent monetary and fiscal policies, liberal trade and foreign exchange regimes, rapid and relatively well-sequenced structural reforms, and support from the Armenian diaspora. In addition, the implementation of a poverty reduction strategy since 2002 has complemented the effect of economic growth on reducing poverty. This book assesses the country's economic transformation during the last 10 years and discusses the challenges to sustaining these successes."--Publisher's description.
Subjects
Other Editions
- Growth And Poverty Reduction in Armenia: Achievements And Challenges
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