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The Financial Sector Assessment Program (FSAP) is a major initiative, undertaken jointly by the World Bank and the IMF, in response to the financial crises of the late 1990s. The ultimate objectives of the program are (i) the identification and resolution of financial sector vulnerabilities and...
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This study analyzes the impacts of the financial crisis on power sectors in five countries in the region: Armenia …
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The global economic crisis seriously threatens the economic growth and poverty reduction that Armenia achieved in … the full impact of the crisis is expected to unfold. These developments are a setback for Armenia after a decade of nearly … double-digit growth and substantial poverty reduction. Depending on the depth of the crisis in Armenia, in its main trading …
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