Strategy & Competitiveness

Armenia is in need of new growth drivers based on sustainable sources of competitive advantage. These economic fundamentals can be changed only through a well designed, realistic and shared vision and strategy. The vision and strategy have to be pragmatic and feasible, yet ambitious. Without ambition, nations will not win the competitiveness battle.

Given current trends, this calls for real strategic breakthrough, which leaves the decision makers with two fundamental questions:

1. What should be the role of Armenia in the regional and global economy?
2. What are the tools to achieve it?

Sound macroeconomic policies and stable infrastructure are necessary but not sufficient conditions to ensure the development of economy. The quality of the business environment and the companies' strategic and operational sophistication are fundamental to competitiveness.

EXPLORE OUR BRAINWORK

The growth-competitiveness paradox of Armenian economy.

The presentation delivered by Sevak Hovhannisyan during the conference on the "Impact of the Global Financial Crisis on Armenia: Short- and Long-run Perspectives", organized by AIPRG on 7-8 July, 2009.

Read the Armenian version >>

The impacts of economic crisis on the economy of Armenia.

Study conducted by EV assesses the economic crisis impacts based on the results of nationwide household survey and selected Company interviews. Read the Armenian version >>

The Conceptual Approaches to the Strategy of Armenia's Economic Development.

Article by Manuk Hergnyan, Gagik Gabrielyan, Ara Chalabyan and Sevak Hovhannisyan. Published in Delovoy Express (# 37, October 6, 2006), translated from Russian.

Read the English version >> and the Russian version>>.

The macroeconomic forecasts of the main development indicators

The Chairman of Economy and Values Research Center Manuk Hergnyan is among the group of experts, who make quarterly forecasts in the framework of Economic Forecast Platform implemented by the CBA. Explore the details>>