Armenia : Recent Economic Developments

Author/Editor:

International Monetary Fund

Publication Date:

April 7, 1998

Electronic Access:

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Summary:

This paper describes economic developments in the Republic of Armenia during 1990s. The lagged effects of the more expansionary stance of late 1996, combined with real shocks in early 1997, especially poor weather, and a loss in the momentum in structural reform, particularly privatization, led to a slowdown in growth to about 3 percent during the first nine months of 1997 compared with the same period in 1996. Inflation, measured by the 12-month increase in consumer prices, rose to 23 percent by end-September 1997 from 16½ percent a year earlier.

Series:

Country Report No. 98/22

Subject:

English

Publication Date:

April 7, 1998

ISBN/ISSN:

9781451801422/1934-7685

Stock No:

1ARMEA0011998

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

84

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