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- Title
POLITICAL AND ECONOMIC TRANSFORMATIONS IN POST-SOVIET ARMENIA.
- Authors
ZAROBIAN, Nikita
- Abstract
This article presents an analysis of how the political and economic transformations in post-Soviet Armenia have led to the formation of a system that is essentially curbing the country's development. According to the author, it is preventing the formation of efficient power institutions, the creation of equal conditions for all players in the economic and political fields, and so on. The Republic of Armenia (RA) has inherited high development potential from its predecessor the Armenian S.S.R., which has been used extremely inefficiently. There are several objective reasons for this, the main one, in the author's opinion, being the inadequacy of the political and economic system. Inefficient management leads to the retention of a high level of corruption in the state power bodies, the proliferation of the shadow economy, unemployment, and poverty, perpetual emigration, a significant gap between the minimum wage and average pension and the subsistence minimum, and so on.
- Subjects
ARMENIA; POLITICAL development; ECONOMIC development research; ARMENIAN politics &; government; INFORMAL sector; CORRUPTION; ECONOMIC history
- Publication
Central Asia & the Caucasus (14046091), 2013, Vol 14, Issue 4, p157
- ISSN
1404-6091
- Publication type
Article