Armenia : Recent Economic Developments and Selected Issues.

This paper reports economic developments in the Republic of Armenia during 1998-99. Prior to August 1998, real GDP growth was strong, inflation had declined to moderate levels, the current account deficit was declining, and the exchange rate was stable. The Russian crisis, however, hit Armenia hard....

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Bibliografske podrobnosti
Korporativna značnica: International Monetary Fund
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 1999.
Serija:IMF Staff Country Reports; Country Report ; No. 1999/128
Online dostop:Full text available on IMF
Opis
Izvleček:This paper reports economic developments in the Republic of Armenia during 1998-99. Prior to August 1998, real GDP growth was strong, inflation had declined to moderate levels, the current account deficit was declining, and the exchange rate was stable. The Russian crisis, however, hit Armenia hard. Exports, workers' remittances, and transfers fell sharply. This led to declining demand for output in industry, transportation, and services. In addition, Armenia suffered a decline in portfolio and direct foreign investment.
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Fizični opis:1 online resource (83 pages)
Format:Mode of access: Internet
ISSN:1934-7685
Dostop:Electronic access restricted to authorized BRAC University faculty, staff and students