Armenia's Economic Pulse

[Eddo211]

Re: Armenia's Economic Pulse

Haykakan would be proud.

lol.......I bet its a carrot and stick.


btw, I had some of those chocolates and saving the rapper attached to the frame of picture of Mt Ararat my wife drew. There is also a 7.62X39 round on top and an barbecue AK 47 lighter for liberation of Artsakh and Western Armenia, lol.

[armnuke]

Re: Armenia's Economic Pulse

^^^ aman babam some of these Syrian Armenians nag so much and spread negative rumors about Armenia, it's becoming a joke.
They don't assess their situation and the country they're coming from. They are not aware that Syria is a classical dictatorship country where you have to be on your knees for the immortal leader. They nag and nag and nag about Armenia and tell you how great Syria was.
If it was that great of a country with a great leader, why is it in this condition now?

[Joseph]

Re: Armenia's Economic Pulse

http://www.panorama.am/en/news/2016/05/21/Syrian-Armenians/1583497

Syrian-Armenians move their chocolate business to Armenia


Author Hasmik Hambardzumyan

Syrian-Armenian Sosi Temirchian arrived in Armenia in 2012. She has been engaged in chocolate production in Syria for 15 years. During the war, she moved to Armenia with her family to continue her work here.

Presenting their pavilion full of chocolate, Mrs Sosi said that they didn’t want to do anything else in Armenia, but to continue their business.

“This is what we now, so we started working. It will get better little by little,” Mrs Sosi said.

Their production includes Vivaldi Chocolate, Harry Chocolate and the new King George assortment.
They also produce gifts for all kinds of celebrations, including weddings, christenings, birthdays etc.
The Syrian-Armenian woman has moved to Armenia with her husband and two sons.

“We’ve left everything in Syria, our house, our fortune,” Mrs Sosi said.

Concerning returning to Syria, she said that they don’t intend going back because it’s better living in one’s own motherland.

[HyeSocialist]

Re: Armenia's Economic Pulse

http://www.startuparmenia.org/map/


Cool!

Very cool! Thanks for sharing this. I recall a few spyurkahyes trying to modernize Armenia's stock exchange so a lot of these start ups could get massive amounts of cash and have better access to resources like management and operations. It's all possible:

[Joseph]

Re: Armenia's Economic Pulse

http://www.startuparmenia.org/map/

Cool!

[armnuke]

Re: Armenia's Economic Pulse

Armenia gets about $37 mln from common stock during its 1st year in EAEU

YEREVAN. - In 2015 Armenia received 17.6 bln AMD transfer from Eurasian Union (EAEU) customs fees (approx $37 mln), reads the Report on 2015 Armenian State Budget Performance, the discussion on which was launched in the Armenian parliament Monday.

Before entering the EAEU in 2015, Armenia hoped to get nearly $300 mln from the common stock in the first year, considering the results of 2013.

That year three republics of the Customs Union collected $26 bln duties, and Armenia’s 1.13 percent should thus have constituted $294 mln.

However, considering the deterioration of microeconomic conditions and drop in the commerce, Armenia received 17.6 bln AMD duties (converted to national currency), itself levying 43.9 bln AMD.

Thus, the revenues from customs duties made up 61.5 bln AMD in total or about 5.8 percent of the overall budgetary income.

http://news.am/eng/news/328657.html

[Zeytun]

Re: Armenia's Economic Pulse

Monopolies in Armenia are legal, deputy head of state revenue committee says

http://arka.am/en/news/business/monopolies_in_armenia_are_legal_deputy_head_of_state_revenue_committee_says/

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This type of antipathy is descrutive. "Oh yes every one knows we are corrupt but as long as they pay taxes everything is ok right?" Bull sh*t!

He is justifying corruption. Using his argument all thieves should be freed, they are making a living.

I found an interesting article:

The wages of sin

http://www.economist.com/news/finance-and-economics/21689642-theory-higher-pay-cuts-corruption-practice-opposite-happens-wages

In theory, higher pay cuts corruption. In practice, the opposite happens

Jan 30th 2016 | From the print edition

WHETHER the miscreants are African policemen, European politicians or American university basketball players, the same remedy for corrupt behaviour is offered: pay people more money. It sounds intuitive. But does legitimate lucre really drive out the filthy kind? New research involving a natural experiment in West Africa suggests that it does not—and that conventional economic theories of corruption are wrong.

In 2010 Ghana began to move public officials to a new salary structure. The earliest and biggest beneficiaries were police officers, whose pay abruptly doubled. It was hoped that they would start behaving better as a result—and especially that they would stop extorting money from drivers at roadblocks. There was certainly much room for improvement: surveys around that time by Transparency International, a watchdog, found that 91% of Ghanaians believed their police were corrupt, an even higher proportion than thought the same of politicians.

As it happened, a large survey was already under way of lorry drivers plying the roads of Ghana and its neighbour, Burkina Faso. Drivers with their papers in order were asked to record how many times they were stopped and how much money they paid to police and customs officials along the route.

Two American economists, Jeremy Foltz and Kweku Opoku-Agyemang, have examined the data on 2,100 long-haul journeys. Oddly, they find that Ghana’s police became more corrupt after their salaries increased, both absolutely and relative to Burkina Faso’s police and Ghanaian customs officers. The cops erected more roadblocks, detained lorries for longer (the average driver was stopped 16 times as he drove through Ghana, for eight minutes each time) and extracted more money.

Economic theory suggests the opposite should have happened, for two reasons. First, corruption is risky. You might lose your job if you do it, and the more you are paid, the bigger that loss would be. Second, officials are thought to have an income target. If they are underpaid, they will behave corruptly in order to make up the difference. The fact that some British MPs cheated on their expenses a decade ago was put down to the fact that they earned less than similarly qualified people. Ghana’s president, John Mahama, said last year that there was “no justification” for corruption now that salaries were higher.

Employees in the rich world who suddenly receive more money per hour—when their taxes are cut, for example—tend not to work less, as they might do if they had a fixed income target in mind. They work more. But given that the rewards from corruption had not gone up, this does not explain why Ghanaian police officers engaged in more graft. Mr Foltz and Mr Opoku-Agyemang, whose research was funded by the International Growth Centre at the London School of Economics, suggest that corrupt superiors or greedy relatives might have demanded more money from the officers. Another possibility is that the cops’ expectations went up. The pay rise may have boosted their sense of their own worth, leading them to demand more money.

It might be that the risk of being caught in Ghana is so low that normal calculations of risk and reward do not apply. Perhaps a combination of higher pay, political leadership and stiff punishments would have stopped corruption: it did in Singapore, for example. But money alone is not enough. In Ghana, some are astonished that anybody could have believed that higher pay would have made cops less greedy. That is just not human nature. As Ransford Van Gyampo, a political scientist at the University of Ghana, puts it: “In spite of how big the sea is, it still receives rain.”

[Azad]

Re: Armenia's Economic Pulse

Abrahamyan says there is no Monopoly in Armenia and he appoints his sidekick that says Monopolies are legal in Armenia?

According to Abrahamyan, there is no monopoly in Armenia in terms of law: there is one which has been formed during the economic activity.

"On 23 March, Armen Alaverdyan Deputy Minister of Finances was relieved from his post by the RA Prime Minister’s (Abrahamyan) decision and was appointed First Deputy head of State Revenue Committee."

The full text is available at: http://iravaban.net/en/121058.html

Monopolies in Armenia are legal, deputy head of state revenue committee says

http://arka.am/en/news/business/mono...ommittee_says/

[Shant03]

Re: Armenia's Economic Pulse

but as long as they pay taxes everything is ok right?

you think they pay their fair share of taxes??

[Azad]

Re: Armenia's Economic Pulse

Monopolies in Armenia are legal, deputy head of state revenue committee says

Okeyyy! And how one goes on having a monopoly you fking ape?

This cuunt should be fired just for stating his retardation.