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

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

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

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 …

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 …