Republic of Armenia Export-led Industrial Development Strategy
No hay miniatura disponible
Fecha
Autores
Título de la revista
ISSN de la revista
Título del volumen
Editor
Washington, DC
Resumen
Descripción
The lessons learned from the
implications of the global crisis for the Armenian economy
led the Government of Armenia to refine its approach to
economic development policy. The business environment, the
market structure, and the incentive pattern had not fostered
reallocation of resources into more productive areas or the
emergence of internationally competitive products and
services. Despite numerous initiatives and multiple efforts,
there was no holistic approach or actionable roadmap for
supporting private sector development. The pressing need to
restore economic growth despite a small domestic market led
the Armenian government to search for new sources of growth
in export-oriented industries. At the end of 2011, the
Government of Armenia adopted its export-led industrial
development strategy. The strategy set as targets improving
the general business environment and sector-specific
initiatives to address market failures and expand exports.
The strategy builds on both a general (crosscutting) and an
industry-customized toolset.
Palabras clave
TARIFFS, RISKS, CAPITAL MARKETS, REGULATORY FRAMEWORK, FISH, ECONOMIC GROWTH, PRODUCTION, POLICY ENVIRONMENT, MARKET DISTORTIONS, INCOME, INTEREST, ECONOMIC CONSEQUENCES, PRODUCERS, INTEREST RATE, PROPERTY RIGHTS, FINANCIAL RESOURCES, GDP PER CAPITA, MACROECONOMIC POLICY, RESOURCE ALLOCATION, LABOR FORCE, EXPORTS, POLITICAL ECONOMY, REVENUES, ECONOMIC STRUCTURE, PORTFOLIO, BONDS, INCENTIVES, MARKET INSTRUMENTS, CAPACITY BUILDING, EQUILIBRIUM, MODELS, MERGERS, PRIVATE PROPERTY, INPUTS, SUSTAINABLE DEVELOPMENT, WEALTH, OLIGOPOLY, DEVELOPED COUNTRIES, CENTRAL BANK, ECONOMIC ACTIVITY, DEVELOPMENT, EXPLOITATION, SAVINGS, ARABLE LAND, TECHNICAL ASSISTANCE, ECONOMIC MECHANISMS, COSTS, OIL, CROWDING OUT, EXPORT GROWTH, NATURAL CAPITAL, CAPITAL FORMATION, DEVELOPMENT STRATEGIES, FIXED COSTS, EXCHANGE RATES, PRODUCTIVITY, OPTIONS, INTEREST RATES, EXTERNALITIES, FAILURES, CRITERIA, DEBT, MARKETS, DISEQUILIBRIUM, PRODUCTION TECHNOLOGY, FORESTRY, INCOME LEVELS, REAL INTEREST RATE, NATURAL RESOURCES, GROSS DOMESTIC PRODUCT, METALS, SUBSIDIES, CERTAIN EXTENT, EFFICIENCY, FOOD PRODUCTION, TAXES, OPTION VALUE, RESOURCES, UNEMPLOYMENT, POTENTIAL INVESTORS, EQUITY, PRODUCTIVITY GROWTH, GROSS FIXED CAPITAL FORMATION, HUMAN CAPITAL, VALUE ADDED, ECONOMIC IMPACT, CAPITAL, WAGES, TRANSPARENCY, VALUES, ECONOMIC RESOURCES, COMPLIANCE COSTS, MARKET PRICES, VALUE, ECONOMIC VALUE, COMPETITIVENESS, CREDIT, TREASURY BILLS, QUALITY STANDARDS, DEVELOPMENT STRATEGY, PATENTS, DEMAND, MINES, SUSTAINABLE GROWTH, ECONOMIES OF SCOPE, AGRICULTURE, CONSUMERS, ECONOMY, EXPENDITURES, PUBLIC GOVERNANCE, PROPERTY, CORPORATE TAXES, TAX RATES, ASSETS, ENVIRONMENT, T-BILLS, BENCHMARK, ECONOMIC COMPETITIVENESS, ECONOMICS, MARKET COMPETITION, TAX REVENUE, OVERHEAD COSTS, ECONOMIC DEVELOPMENT, TRADE, GDP, GOODS, LAND, ECONOMIES OF SCALE, GROWTH RATE, ECONOMIC EXPANSION, INVESTMENT, GROWTH POLICY, COMMERCIAL BANKS, COMPARATIVE ADVANTAGE, PUBLIC PARTICIPATION, COAL, COMPETITIVE ADVANTAGE, ECONOMIC INITIATIVES, MARKET POWER, REVENUE, HIGH UNEMPLOYMENT, SCIENTIFIC RESEARCH, RECYCLING, GROWTH POLICIES, DEVELOPMENT AGENCY, PROFITS, POLICY INSTRUMENTS, ENVIRONMENTAL, OUTCOMES, FINANCIAL SECTOR, GROWTH POTENTIAL, PRICES, NEGATIVE EXTERNALITIES, CONSUMER PROTECTION, ECONOMIES, DEVELOPMENT POLICY, COMPETITION