Executive summary xiii -- Growth, poverty, and employment xiii -- Seizing new opportunities for reform xiv -- Sharpening competition xv -- Deepening financial intermediation xvi -- Removing barriers to international integration xvii -- Capitalizing on innovation and knowledge xix -- The pattern...

This book is intended to explain the factors underlying the stellar growth record that has led to Armenia's emergence as the Caucasian Tiger and to provide policy advice to the Armenian authorities to ensure the continuation of this growth. The book is presented in two parts, with Part I...

This book is intended to explain the factors underlying the stellar growth record that has led to Armenia's emergence as the Caucasian Tiger and to provide policy advice to the Armenian authorities to ensure the continuation of this growth. The book is presented in two parts, with Part I...

Global and economic aspects of the crisis: two aspects of the current crisis are important to stress. The first is its global nature. As you know, this crisis started last year in the US and European financial markets but spread quickly to developing countries. The second is its economic impact....