Vol. 5 No. 1 (142) (2014)

View Vol. 5 No. 1 (142) (2014)
DOI: https://doi.org/10.46991/BYSU:G/2014.5.1
Published: 2021-07-28

Articles

  • Articles

    Current Issues of National Economy Competitiveness Enhancement in RA

    Ashot Markosyan, Sofia Tokmajyan, Narine Hakobyan
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    Abstract

    Competitiveness of any national economy characterizes social and economical development quantitative and quantitative indices of that country. Moreover, the hystory of competitiveness index of a country reflects the character of realized reoforms, as well as shortcomings, which take place in a microeconomic index. The authors on the basis of intraregional (Armenia, Georgia, Azerbaijan, Russia, Turkey, and Iran) comparisons and a number of such indices as weight of export in the total volume of regional export, balance payment, current account, dynamics, the number of employees involved in the sphere of information technologies and indices of volume of its export and other indices have revealed competitiveness weaknesses of Armenian economy. In the paper suggestions stimulating innovations and technological advancement, as well as reducing brain drain have been made. The authors also consider the scientific and educational system as competitive sphere of RA economy.

    References
  • Articles

    Conceptual Approaches to the Development of the Securities Market in RA

    Areg Bagdasaryan
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    Abstract

    The article considers the conceptual approaches to the development of the securities market in the Republic of Armenia. The article considers the main conceptual principles, the logic, the possiblities and the priorities of the development of different parts and instruments of the securities market. Based on these studies the necessity of performing successive and comprehensive measures for the development of the securities market is substantiated. At each stage of development of the securities market emphasis should be put on the development of a particular segment and specific instruments of the market. Measures for the development of a segment or instruments of the market cannot give the desired result until the conditions necessary for the development of this segment or instruments are created. However, the development of a specific segment or instruments should not be considered separately from other segments and instruments of the securities market. It is also important to define the priorities of the measures for the development of the market.

    References
  • Articles

    The Trends of Capital Flows in the Countries of Central and Eastern Europe and Financial and Economic Crisis

    Zhirayr Mkhitaryan
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    Abstract

    In the article the trends of capital flows in Central and Eastern Europe (CEE) countries are analyzed and their interstate differences in pre- and post crisis periods are revealed. The majority of CEE countries have fully liberalized capital and financial accounts. In pre-crisis period CEE countries received huge capital inflows, which determined high economic growth rates in these countries. However, the Global crisis affected the capital flows very negatively. As a result, they sharply declined, their concentration increased, and their structure became riskier. Those countries, which were able to save capital flows, experienced the lowest losses and in those countries, where capital flows stopped, experienced the highest fall.

    References
  • Articles

    Analysis of Compulsory MPTL Premiums Determinants on the Example of RA

    Narek Melkonyan
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    Abstract

    This paper presents a research study on the statistical records of RA Compulsory MTPL sector for the last 30 months. An empirical research on the Compulsory MTPL premiums formation risk factors has been conducted; Compulsory MPTL premiums formation risk factors and Compulsory MPTL premiums based on them are suggested to be reviewed.

    References
  • Articles

    The Peculiarities of Investment Policy in Tourism Sector

    Nonna Khachatryan
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    Abstract

    The article discusses different theoretical approaches of investment effectiveness assessments in tourism industry and, according to these, suggests multifarious advance analyses of investing resources returns. In particular, it is preferred to use the multi-faceted approach analysis of the effectiveness of investments in terms of business travel companies and motivations of the state, taking into account socio-economic and environmental factors.

    References