Vol. 10 No. 1 (28) (2019)

Articles

  • Articles

    INTERNATIONAL FINANCIAL FLOWS AND INCOME INEQUALITY

    Davit Hakhverdyan
    View PDF
    Abstract

    Since openness and regime of the strict economy are associated with growing income inequality, such an impact on distribution creates a vicious circle. The data on the economic damage from inequality show that policymakers should be more ready for redistribution. First of all, we must strive to strengthen economic growth. Secondly, in order to ensure economic growth for the benefit of the broader population, measures are needed to meet the needs of those affected by the financial crisis, technological change or globalization.

    References
  • Articles

    FEATURES OF LABOUR MIGRATION IN THE EURASIAN ECONOMIC UNION

    MIisak Avagyan
    View PDF
    Abstract

    Along with the deepening of the processes of regional economic integration, the need to improve the system for regulating international labor migration is becoming ever more urgent. One of the reasons for the increase in international labor migration is the intensive implementation of regional economic integration processes, which are also actively developing in the Eurasian Economic Union (EAEU). The article presents the features and trends of the processes occurring in the field of labor migration of the countries members of the EAEU, as well as the motivation and structured analysis of interstate labor migration within the EAEU.

    References
  • Articles

    LOGISTIC REGRESSION AS A MARKETING TOOL

    Siranush Sargsyan, Alvard Kharatyan, Anna Hovakimyan
    View PDF
    Abstract

     A properly selected marketing policy is one of the key factors in the growth of profitability of a firm. Thousands of companies and organizations today have their own official websites and can use the Internet for marketing purposes. With sentiment analysis, one can analyze user-generated records and quickly get information about the changing demands of customers without additional costs. The logistic regression model presented in the work can be used as a tool to increase the effectiveness of the firm's marketing policy. We created software modules to download new records and to implement the builtin model that can be found on github.com (https://github.com/hripman/Armenian-corpus).

    References
  • Articles

    BANKRUPTCY PREVENTION ISSUES IN THE CONTEXT OF FINANCIAL STABILITY

    Grigor Mnatsakanyan, Varsenik Sargsyan, Vahagn Tepoyan
    View PDF
    Abstract

    Ensuring the financial sustainability of the country's economy greatly affects the solvency of companies and later, as well, on bankruptcy prevention. Comparative analysis of the financial sustainability indicators of the EAEU countries is presented in the work. Studying the extent to which organizations' liabilities and overdue debts are measured in terms of the countries surveyed, an assessment of the financial stability and bankruptcy indicators of EAEU has been implemented by means of an integrated assessment of the financial position. Having examined the commitments and overdue debts of the organizations on the basis of the countries under consideration, through the integrated assessment method of the financial condition has been carried out an assessment of the financial stability and bankruptcy risk indicators of the EAEU commercial organizations

    References
  • Articles

    AUDIT MARKET CONCENTRATION ISSUES

    Gnel Khachatryan
    View PDF
    Abstract

    In this article, the world audit market concentration by the biggest audit network firms is investigated; as well as justification of applying auditors’ short-list for PIEs financial statements audits is analyzed. Professional research and analyses conclude that com-plying complex and continually developing requirements of the IFRSs and ISAs are out of capabilities of the auditors that are not members of the international big audit firm networks. This circumstance justifies the concentration of the audit market into the biggest global audit network firms. From the other side, applying auditors’ short-list could result in limiting the competitive market, as well as the society, could consider it as a nonjustified market limitation measure.

    References
  • Articles

    THE PROBLEM OF ECONOMIC GROWTH AND GOVERNMENT ACTIONS

    Gagik Galstyan
    View PDF
    Abstract

    In the present article, we have studied the principles of creating conditions that are necessary for the economic growth from the point of view of the actions of the government as well as their program aims. Taking into consideration the way passed by the contemporary developed countries, we have presented a comparative analysis of the economic system formed in RA. A number of concrete problems for the reformation of the economic system are identified. We have also compared the aggregate indicators of economic growth, namely GDP and IDI.

    References