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The social-economic developments in the economy of the RA for January-February 2024

In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian.

  


Reference on the execution of the budget of the city of Yerevan (2023)

The budget execution report of Yerevan represents the main results – achievements and failures - of activities of the city council in the given period. It shows by how much the actual revenue collection deviates from the planned level. Additionally, the report demonstrates whether the expenditures were made in accordance with the prespecified plan. The budget execution report of Yerevan also characterizes the structure of actual revenues and expenditures. The goal of the present analysis is to study the foregoing report and to make necessary conclusions. Full material is only available in Armenian.

  


The Index of Economic Freedom in the RA (2024)

The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.

  


The social-economic developments in the economy of the RA for January 2024

In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian.

  


Corruption Perceptions Index in the RA (2023)

The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.

  


Yemen crisis. Background and current developments of US involvement

The recent crisis of the Middle East in Yemen has become a new arena for the clash of interests of various regional and global players. The attacks launched by the Houthis have targeted the main shipping routes of the Red Sea, which is the most important waterway connecting Europe to Asia and East Africa. American merchant ships were also the direct targets of the attacks, which is why the USA and other major states became directly involved in the crisis. This article will examine the historical involvement of the United States in Yemen, the policies pursued by different US presidents, the reasons behind the recent attacks initiated by the Houthis and possible prospects for peace. Full material is only available in Armenian․

  


The social-economic developments in the economy of the RA for January-December 2023

In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian․

  


China's "Belt and Road" project and Armenia։ A missed opportunity or a geopolitical choice?

On October 17-18, 2023, the third "Belt and Road" summit of international cooperation was held in Beijing, which was attended by leaders of more than 2 dozen countries, high-ranking delegates from more than 130 countries. In various analyzes published in previous years, the "Luys" Foundation referred to the possibilities of the Republic of Armenia's participation in the Chinese "Belt and Road" initiative, generally encouraging Armenia's more active participation and initiative in this Chinese mega-project. Unfortunately, in the previous years, the current government of Armenia not only did not record any significant progress in relations with China, but also because of its strange foreign policy, Armenia was even more immersed in the trap of the intensifying East-West confrontation.

Within the framework of this analysis, we tried to understand what the Chinese "Belt and Road" project looks like today, 10 years after it was put forward by President Xi Jinping, what are the achievements and prospects of the project. At the same time, we analyzed the level of involvement of the countries of the region in the project, and also tried to understand what is the logic of the policy of the RA authorities in this direction. As a result, we came to the conclusion that both the disproportionate interest in the important Belt and Road Initiative and the inadequate foreign policy towards such a superpower as China are not simply the result of foreign policy miscalculations and missed opportunities, but a reflection of a very concrete geopolitical choice of the Armenian authorities. Full material is only available in Armenian.

  


Reference on the budget of Yerevan of 2024

The budget of Yerevan sets the priorities of the economy of the city for the upcoming year. In the budget the planned level of revenues, as well as its structure is presented. In addition, the planned level of expenditures and its distribution by functional and economic classifications are determined. The forecasting of revenues and expenditures is followed by the planning of the budget deficit and the sources of financing it. Given the importance of this document and the programs embedded there, the present analysis aims to assess whether the budget of Yerevan and its structure are consistent with the problems confronting the city. Full material is only available in Armenian.

  


Armenian-American contacts in 2023. active contacts and realpolitik

2023 was distinguished by active Armenian-American contacts. This activation is based on the U.S. geopolitical interests in the South Caucasus and the latter's competition with Russia. Considering the situation in Armenia after the 2020 war and the readiness of the current Armenian administration to improve relations with Azerbaijan and Turkey, the U.S. has assumed the role of an active mediator. In this article, we have highlighted the directions in which the U.S. has implemented its proactive policy. Full material is only available in Armenian.

  


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