Armenia's Economic Pulse

[Haykakan]

Armenian News Network / Groong

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Aram Safaryan sees positive economic trends in EAEU member states

• From: Katia Peltekian <[email protected]>
• Date: Sun, 16 Jul 2017 22:05:15 -0400

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ARMINFO News Agency, Armenia July 15, 2017 Saturday Aram Safaryan sees positive economic trends in EAEU member states YEREVAN, JULY 15, ARMENPRESS. According to the statistics of January-May 2017, there are positive economic trends in the member states of the Eurasian Economic Union (EAEU), Aram Safaryan – chairman of ‘Integration and Development’ NGO, coordinator of Eurasian expert club, told a press conference in Armenpress while presenting Armenia’s economic figures in the first 5 months of 2017 in the context of membership to the EAEU. Safaryan said the President of the Russian Central Bank announced that Russia enters new stage of economic development and a good year is predicted for Russia. “Here it is important to note that major rating organizations have revised the figures for Russia, Belarus, Kazakhstan and Armenia and promised new growth rates. According to those figures, compared to what has been predicted previously, Armenia can record from 2.5 up to 3, even up to 3.4 economic development rate within the course of the year. This is quite high figure”, Aram Safaryan said, adding that Armenia completed last year with 0.2% economic growth rate. He said Armenia’s economy can develop at higher rates in 2018. Aram Safaryan stated that the highest rate ensuring economic growth is in export field and here already a double-digit economic growth has been recorded within five months, moreover, through the export of ready-made products. “We can solve employment, social and other issues in our country only through increase and export of the volume of ready-made product. We are optimistic over the development of spheres which were previously exhausted – textile, footwear production, which seemed were hopeless. However, we see that these fields received a chance to develop under the EAEU”, he stated. He also attached importance to the activeness registered in tourism field, stating that the number of Russian tourists visiting Armenia has increased. It is expected this trend will continue in future. According to Safaryan, as the overall expectations are positive, here the issues on how the tax, customs agencies, state structures, credit organizations and banks will work become important, as well as on how the political figures will negotiate on increasing the opportunities and etc. The development of upcoming years will greatly depend on this. He added that Armenia doesn’t take part in procurement market since the public sector doesn’t cooperate with the private sector to submit competitive proposals with famous Russian standards. The other countries have serious lobbying opportunities. The culture of participating in the procurement process in another country has not yet been formed in Armenia, and, according to Safaryan, active work and cooperation at various directions are necessary.

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[HyeSocialist]

Armenian News Network / Groong

[Next Article][Previous Article][Main Index]

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Aram Safaryan sees positive economic trends in EAEU member states

• From: Katia Peltekian <[email protected]>
• Date: Sun, 16 Jul 2017 22:05:15 -0400

---

ARMINFO News Agency, Armenia July 15, 2017 Saturday Aram Safaryan sees positive economic trends in EAEU member states YEREVAN, JULY 15, ARMENPRESS. According to the statistics of January-May 2017, there are positive economic trends in the member states of the Eurasian Economic Union (EAEU), Aram Safaryan – chairman of ‘Integration and Development’ NGO, coordinator of Eurasian expert club, told a press conference in Armenpress while presenting Armenia’s economic figures in the first 5 months of 2017 in the context of membership to the EAEU. Safaryan said the President of the Russian Central Bank announced that Russia enters new stage of economic development and a good year is predicted for Russia. “Here it is important to note that major rating organizations have revised the figures for Russia, Belarus, Kazakhstan and Armenia and promised new growth rates. According to those figures, compared to what has been predicted previously, Armenia can record from 2.5 up to 3, even up to 3.4 economic development rate within the course of the year. This is quite high figure”, Aram Safaryan said, adding that Armenia completed last year with 0.2% economic growth rate. He said Armenia’s economy can develop at higher rates in 2018. Aram Safaryan stated that the highest rate ensuring economic growth is in export field and here already a double-digit economic growth has been recorded within five months, moreover, through the export of ready-made products. “We can solve employment, social and other issues in our country only through increase and export of the volume of ready-made product. We are optimistic over the development of spheres which were previously exhausted – textile, footwear production, which seemed were hopeless. However, we see that these fields received a chance to develop under the EAEU”, he stated. He also attached importance to the activeness registered in tourism field, stating that the number of Russian tourists visiting Armenia has increased. It is expected this trend will continue in future. According to Safaryan, as the overall expectations are positive, here the issues on how the tax, customs agencies, state structures, credit organizations and banks will work become important, as well as on how the political figures will negotiate on increasing the opportunities and etc. The development of upcoming years will greatly depend on this. He added that Armenia doesn’t take part in procurement market since the public sector doesn’t cooperate with the private sector to submit competitive proposals with famous Russian standards. The other countries have serious lobbying opportunities. The culture of participating in the procurement process in another country has not yet been formed in Armenia, and, according to Safaryan, active work and cooperation at various directions are necessary.

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Fake news. Armenia was already part of thr CIS and would have the same benefits economically had it not entered the EEU. Kind of hoping this entire Russian experiment blows up in their imperialist faces.

[londontsi]

1/3rd of the entire population is living in Yerevan.

Armenia is not a cooking recipe, 1/3 of this and 1/3 of that.

You have to look at the country as a totality.

Equally important look at the population and economy of the country as a totality.

Describing Yerevan as vibrant economically is a bit like describing the diaspora as vibrant.
The reality is the old generation(s) have assimilated and replaced by the new migrants who naturally have links with their identity.

The regions being ignored, people leave for the metropolis. the city may look vibrant.

The reality is once the region's population has uprooted itself in seeking a better life
it will not find it difficult to leave yet again its new found "place of economic activity" since it has lost/ broken its bond with his original birthplace.

[londontsi]

https://www.facebook.com/solarONarmenia/videos/1379665065457159/

[DieHard69]

Fake news. Armenia was already part of thr CIS and would have the same benefits economically had it not entered the EEU. Kind of hoping this entire Russian experiment blows up in their imperialist faces.

Agreed.

[DieHard69]

Armenia is not a cooking recipe, 1/3 of this and 1/3 of that.

You have to look at the country as a totality.

Equally important look at the population and economy of the country as a totality.

Describing Yerevan as vibrant economically is a bit like describing the diaspora as vibrant.
The reality is the old generation(s) have assimilated and replaced by the new migrants who naturally have links with their identity.

The regions being ignored, people leave for the metropolis. the city may look vibrant.

The reality is once the region's population has uprooted itself in seeking a better life
it will not find it difficult to leave yet again its new found "place of economic activity" since it has lost/ broken its bond with his original birthplace.

cities tend to have a higher standard of living all around, getting the population to go back to there original place would be hard.

[londontsi]

cities tend to have a higher standard of living all around, getting the population to go back to there original place would be hard.

I agree.
That is why the government should not ignore the regions.
In fact, if the regions are lagging behind it usually is through government inaction.

Lets remember that destabilization of the rural areas has big impact on our demography since traditionally the rural areas have a higher birth rate.

.

[DieHard69]

I agree.
That is why the government should not ignore the regions.
In fact, if the regions are lagging behind it usually is through government inaction.

Lets remember that destabilization of the rural areas has big impact on our demography since traditionally the rural areas have a higher birth rate.

.

Indeed, this is not a problem for just Armenia, the developed world suffers this issue and the 2nd world as well, Azerbaijan also suffers this problem as well.

The best way to get a sufficient birthrate is to encourage more families and larger than just 2 or give women and men more time, banning abortion would be very good, but it will meet heavy backlash.

[HyeSocialist]

Indeed, this is not a problem for just Armenia, the developed world suffers this issue and the 2nd world as well, Azerbaijan also suffers this problem as well.

The best way to get a sufficient birthrate is to encourage more families and larger than just 2 or give women and men more time, banning abortion would be very good, but it will meet heavy backlash.

Banning abortion for the purpose of increasing people is a great way to make sure the population ends being comprised of unwanted children. That is a dangerous thing. It's also inhumane to the mothers who will be forced to go through that.

I like your idea about the financial help. Also bringing familys out into other parts of Armenia might help out a lot. Nothing is better than actually making people feel good enough, secure enough, that they can have big familys.

[HyeSocialist]

I agree.
That is why the government should not ignore the regions.
In fact, if the regions are lagging behind it usually is through government inaction.

Lets remember that destabilization of the rural areas has big impact on our demography since traditionally the rural areas have a higher birth rate.

.

It's part of a global trend. No one wants to live in small towns. Look at how poor areas in the central valley of california are compared to cities in the bay and los angeles. How do you make these places better? Its happening everywhere in Asia too. How do you solve the problem? I think the answer is in one of the best wealth creating investments a government can make: universities.

Just like the University of California, Armenia should have its own university system nation wide. A flagship in Yerevan, and satellites around the country. One in Gyumri, Vanadzor, and Kapan. Then you incentivize kids to go study there (aka free education). Then you go to Europe, NA, SA, and Asia and ink these sweet student exchange deals and bring a lot of kids to Armenia to study for FREE. Before you know it, you're going to be having 10-20k young, intelligent kids living in the small towns of Armenia. Then the hope would be that each of these cities turns into a million citizen city.

Consolidate all the big public ones into Yerevan as your flagship Armenian State University - Yerevan (our berkeley) then use the 4 big state ones around the country as the ones you espand until that all have the same faculty as the flagship. 5 universities, each with 20k students. Its enough of a catalyst in a tiny country to start moving jobs to the smaller cities. Most importantly, itll make Armenians think about migrating to other small towns which will weaken the power of Yerevan on the small cities. HOORAY FOR FEDERATION!