Armenia: The Road to Sustained Rapid Growth-Cross-Country Evidence

 
Author/Editor: Iradian, Garbis
 
Publication Date: May 01, 2003
 
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Disclaimer: This Working Paper should not be reported as representing the views of the IMF. The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate
 
Summary: This study examines the growth determinants and the economic policy challenges that Armenia faces to sustain the rapid growth of the past two years. The paper also seeks to answer the following two questions: Why has Armenia performed relatively better than other transition economies? What are the roles of macroeconomic policies and the level of financial intermediation in explaining growth differences? The paper also draws upon past cross-country experiences by estimating panel regressions on the determinants of growth to make predictions for the Armenian economy.
 
Series: Working Paper No. 03/103
Subject(s): Economic growth | Armenia | Financial intermediation | Economic models

Author's Keyword(s): Armenia | economic growth | financial intermediation
 
English
Publication Date: May 01, 2003
ISBN/ISSN: 1934-7073 Format: Paper
Stock No: WPIEA1032003 Pages: 21
Price:
US$15.00 (Academic Rate:
US$15.00 )
 
 
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