The significant real exchange rate appreciation in Armenia and Georgia since 2003, coupled with persistent current …

This paper studies how output fluctuations in Russia are transmitted internationally. Using vector autoregression (VAR …) and dynamic panel models, the paper finds that Russia's output fluctuations are an important driver of output fluctuations …

This paper attempts to explain short- and long-term dynamics of-and forecast-inflation in Tajikistan using the Vector …

Intro -- Contents -- I. INTRODUCTION -- II. IMPEDIMENTS FOR MONETARY POLICY TRANSMISSION IN ARMENIA -- III. EMPIRICAL …

these errors is developed and applied to household-level data from Armenia. We find evidence of systematic under …

In Armenia, both external and domestic financing face challenges. Armenia's share of inward foreign direct investment … (FDI) in private external financing has declined significantly over the past decade. Access to domestic finance in Armenia … are reported among major challenges for increasing access to finance for firms in Armenia. This paper finds that to …

Raising Armenia's long-term growth prospects is critical to meet the pressing need for jobs, achieve higher living … standards, and arrest emigration. Armenia's long-term growth prospects have weakened since the global COVID-19 crisis, while … the potential of the tradable sector by focusing on products with higher complexity to sustainably increase Armenia …