Current Condition of Armenia

[Tigranakert]

Re: Current Condition of Armenia

What people think of this? I never knew Freemasons had any power in Armenia...

Don't know, Armenians love to blow these kind of stories out of proportion. I don't think they have serious power or influence on Armenian politics.

[Mos]

Re: Current Condition of Armenia

....

Scholars in Armenia Urge Action on Emigration
Monday, 04 July 2011 08:51 | | |
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RFE/RL -- Armenian seasonal working migrants at the airport, Yerevan,30Apr,2010 04.07.2011 A group of Armenian scholars has addressed an open letter to the country’s political leadership urging immediate action on emigration that they claim is “turning into a national catastrophe.” Deputy director of the Yerevan-based Institute of Literature Vardan Devrikian, one of those supporting the claim, sees a snowballing panicky mood among people, which he describes as even more alarming than the scale of emigration itself.
“We are all in a panicky mood. Everyone is thinking of ways to leave. Working-class Armenians are thinking of going to Russia, whereas the white-collar segment of the population is contemplating emigration to Europe or the United States. This will, indeed, devastate our country,” Devrikian claimed at a press conference on Monday. According to the scholar, the president should personally attend to this matter and in response to the open letter should appeal to the people, emphasizing that “we see the future of our people in our country.” Meanwhile, ethnographer Harutiun Marutian believes that appeals alone will not reverse the trend.

“It would be very nice if the president said that, but it needs to be followed up with certain steps,” said Marutian, without elaborating. Armenian Writers Union Chairman Levon Ananian, leading ethnographer Hranush Kharatian, head of the Association “For Sustainable Human Development” NGO Karine Danielian and others in their public remarks last week also voiced their concerns about emigration looming large in the country.

The first wave of emigration hit Armenia after the country became independent in the early 1990s and was experiencing a severe energy crisis amid a continuing war in Nagorno-Karabakh. Some 800,000 of Armenia’s estimated 3.8-million-strong population are believed to have abandoned the country then. Although at a slower pace, but emigration continued also through the years of economic recovery when Armenia enjoyed a double-digit GDP growth for most of the 2000s.

Recent official figures reported in Armenia indicate that about 78,000 people have emigrated from Armenia in the past three years, but the opposition and some media have speculated that the number of people who have abandoned the country for good in the indicated period may be reaching several hundred thousand.Addressing the issue in May, head of the State Migration Service Gagik Yeganian said Armenia experienced no increase in the negative balance of migration in recent years.

Armenia is due to have a census of the population later this year. The previous census taken in 2001 estimated the South Caucasus state’s permanent population at around 3.2 million.

[Armanen]

Re: Current Condition of Armenia

Notice how they use the word 'abandon'.

[KarotheGreat]

Re: Current Condition of Armenia

Armenia ranked second worst economy by Forbes magazine

YEREVAN, July 6. / ARKA /. Armenia ranked second among the worst economies in the world by Forbes Magazine in 2011. The data were obtained by analyzing average macro-economic indicators of 177 countries over the past three years and IMF GDP growth and inflation forecasts for 2012.

According to Forbes ranking, the list of five worst economies is toped by Madagascar, followed by Armenia, Guinea, Ukraine and Jamaica. According to Forbes, despite a 15% economic slowdown in 2009 due to the global financial crisis, Armenia is still trying to keep up with the rest of the world.

"The per capita GDP in the country is $3000, which is one third of the same indicator in neighboring Turkey, and the inflation is 7%," Forbes says.

Forbes says also that the results of a similar ranking last year differed very much from this year’s one. In the 2010 ranking the list was topped by Zimbabwe, that was followed by Democratic Republic of the Congo, and the third was Guinea. The leader of the ranking this year, Madagascar was in 10th place, while Armenia and Jamaica occupied lower positions.

The Armenian economy in 2010 saw a 2.6% year-on-year GDP increase, when it declined by 14.9%.

According to the National Statistical Service, Armenia’s GDP over the reporting period of time in current prices amounted to 3.509.6 trillion drams, while the GDP index-deflator in 2010 was 110.2% compared to 2009. Per capita GDP at the end of 2010 amounted to 1,077.961 drams or $2,885.

The economic activity in May, according to updated statistical data, increased by 9.9% from a year earlier. Inflation in 2011 June was 8.5% compared to the same period in 2010. -0-

http://www.arka.am/eng/economy/2011/07/06/26758.html

When will the Armenian government get their xxxx cleared and get ready for reforms?

[Armanen]

Re: Current Condition of Armenia

Armenia ranked second worst economy by Forbes magazine

YEREVAN, July 6. / ARKA /. Armenia ranked second among the worst economies in the world by Forbes Magazine in 2011. The data were obtained by analyzing average macro-economic indicators of 177 countries over the past three years and IMF GDP growth and inflation forecasts for 2012.

According to Forbes ranking, the list of five worst economies is toped by Madagascar, followed by Armenia, Guinea, Ukraine and Jamaica. According to Forbes, despite a 15% economic slowdown in 2009 due to the global financial crisis, Armenia is still trying to keep up with the rest of the world.

"The per capita GDP in the country is $3000, which is one third of the same indicator in neighboring Turkey, and the inflation is 7%," Forbes says.

Forbes says also that the results of a similar ranking last year differed very much from this year’s one. In the 2010 ranking the list was topped by Zimbabwe, that was followed by Democratic Republic of the Congo, and the third was Guinea. The leader of the ranking this year, Madagascar was in 10th place, while Armenia and Jamaica occupied lower positions.

The Armenian economy in 2010 saw a 2.6% year-on-year GDP increase, when it declined by 14.9%.

According to the National Statistical Service, Armenia’s GDP over the reporting period of time in current prices amounted to 3.509.6 trillion drams, while the GDP index-deflator in 2010 was 110.2% compared to 2009. Per capita GDP at the end of 2010 amounted to 1,077.961 drams or $2,885.

The economic activity in May, according to updated statistical data, increased by 9.9% from a year earlier. Inflation in 2011 June was 8.5% compared to the same period in 2010. -0-

http://www.arka.am/eng/economy/2011/07/06/26758.html

When will the Armenian government get their xxxx cleared and get ready for reforms?

The biggest reason is due to the sharp drop in the GDP. Otherwise, Armenia would not be in the top 60 of the most innovative world economies, which came out just a day or two before the forbes rankings. This is not to refute the statement that the RA government must break the monopolistic nature of certain segments of the economy.

[Serjik]

Re: Current Condition of Armenia

I was shocked to read about this. I seriously think what Forbes is doing is propaganda.

Of course Armenia has a lot of problems but it is way ahead of most countries in the world today.

Hi everybody I just decided to begin posting.

[Mos]

Re: Current Condition of Armenia

I was shocked to read about this. I seriously think what Forbes is doing is propaganda.

Of course Armenia has a lot of problems but it is way ahead of most countries in the world today.

Hi everybody I just decided to begin posting.

I wouldn't take that Forbes ranking to seriously. Of course its propaganda - Steve Forbes is part of the right wing in America, which of course is notoriously anti-Armenian.

[Federate]

Re: Current Condition of Armenia

I was shocked to read about this. I seriously think what Forbes is doing is propaganda.

Of course Armenia has a lot of problems but it is way ahead of most countries in the world today.

Hi everybody I just decided to begin posting.

Bari ekar Serj jan. Enjoy your stay and make sure to post often

[Armanen]

Re: Current Condition of Armenia

I wouldn't take that Forbes ranking to seriously. Of course its propaganda - Steve Forbes is part of the right wing in America, which of course is notoriously anti-Armenian.

Maybe. Though I think Armenia will not be in their top ten next year. If you consider the matrix that Forbes used to come up with that list, it makes sense that Armenia would be on it due to the very high percentage which the Armenian GDP dropped from the 2008 figures.

A ranking by another organization listed Armenia in the top 70 of the world's most innovative economies.

[Federate]

Re: Current Condition of Armenia

A ranking by another organization listed Armenia in the top 70 of the world's most innovative economies.

Somewhere, someone went horribly wrong.