Armenia : Recent Economic Developments

Recent Economic Developments

Armenia : Recent Economic Developments
This paper reviews economic developments in the Republic of Armenia during the 1990s. Real GDP declined by a cumulative 60 percent in 1992–93; price changes reached hyperinflation levels in late 1993; and real wages declined by nearly 50 percent in the course of that year. In the fall of 1994, the authorities formulated a comprehensive program... READ MORE...

Publication date: December 1995
ISBN 9781451801408
$15.00

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