for the government of Armenia is to find new sources of long-term economic growth to become an upper middle-income country … 2012 World Bank Entrepreneurship Survey conducted to gauge new firm growth in the formal sector in Armenia and data from … complement these findings. The study finds that while there is a higher level of entrepreneurial activity in Armenia when …

This paper develops an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on … Armenia of a Deep and Comprehensive Free Trade Agreement with the European Union, as well as further regional or multilateral … substantial gains to Armenia, but shows that the gains derive from the deep aspects of the agreement. In order of importance, the …

Armenia meets about 75 percent of its energy needs through imports, with natural gas imports from Russia accounting for … imported energy, Armenia is vulnerable to external energy price shocks, which are often beyond the control of its policymakers … retail gas price for residential consumers. Coming on the heels of the global economic recession that hit Armenia's economy …

saving rates in Armenia point to three policy areas: the macroeconomic environment, the financial sector, and the role of …