Ara GALOYAN

The World Bank has published the results of their latest analysis of Armenian economy. The title of the analysis is too long: “Business field and production management analysis implemented by the European Bank for Reconstruction and Development and the World Bank”. There were two points for this program implementation. First of all here Armenian economy …

The most important event in economy took place last week outside of Armenia. During a meeting with journalists, Russia’s Armenian Ambassador Armen Abrahamyan said that the price of the gas delivered to Armenia will increase. The proposed price will double the present price. Russia plans on demanding 120 dollars for the 1000 cubic meters in …

The National Assembly finished their discussion on the budget of 2006. Finance and economy minister Vardan Khachatryan was disappointed. He didn’t even hide his disappointment from the press. He thinks that his ministry has presented a good document to the National Assembly, but they didn’t consider it the way they expected. This is the third …

One of the main, recent political issues concerned the deposits of the people living in the Soviet Union. The political powers were trying to privatizing the copyright for the return of the deposits. They made so much noise that it was difficult to understand whether that was a political or an economical issue. Of course …

It is difficult to understand whether the knowledge of people living in the Soviet Union was mainly economical or “politico-economical”. And accordingly it is difficult for post-soviet people to understand whether the ”economical effectiveness” is something economical or political. The last two weeks were pretty heavy. Armenia was busy with political life. You could see …

There are themes, which are written about in press only in the scopes of grant projects. As a rule, these themes are not so interesting. The TV programs and articles, which concern these subjects, are as uninteresting as those themes are. I mean the articles about the ecological and social vulnerable problems. Probably the organizations, …

It is a holiday for the authorities on September 1. Every year they meet this day with festive interviews. They tell how much money they spent in summer, how many schools and school roofs they reconstructed. Several years ago the public TV Station made abvertisements two months long, that there were 44.000 first class pupils. …

We are a very fearless nation. We are not afraid of the fact, that Azerbaijan increases its military budget day by day. Probably we would be the most fearless nation in the world, if there weren’t the privatization. The privatization of the public property started in 1994. It seemed, that the society got used to …

The year-end is a time when we summarize all that has happened throughout the year. The media tries to do that by the demand of the society. It is much easier to make a summary about the social/political life, than it is for the economic. The reason for this is that the statistics for economy …

It seems as though Armenia’s statistics for macroeconomics are not connected with the average Armenian citizen’s lifestyle. Macroeconomics, which the economists like to talk about often, is always changing in contrast to the lifestyle of the average citizen. As a result, society is indifferent to the entire index of economics. However, economical statistics do not …