Growth and Poverty Reduction in Armenia PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Growth and Poverty Reduction in Armenia PDF full book. Access full book title Growth and Poverty Reduction in Armenia by Ms.Laure Redifer. Download full books in PDF and EPUB format.
Author: Ms.Laure Redifer
Publisher: International Monetary Fund
ISBN: 9781589064515
Category : Business & Economics
Languages : en
Pages : 116
Get Book Here
Book Description
Since 2000, Armenia's economic performance has been remarkable. Real economic growth has averaged 11 percent a year, annual inflation has averaged 3 percent, and poverty and inequality have fallen. The country has outperformed other low-income countries including other members of the Commonwealth of Independent States. This is particularly impressive given the geographical location of Armenia, the closure of two critical borders, and occasional political turmoil. The key factors behind Armenia's economic performance are prudent monetary and fiscal policies, liberal trade and foreign exchange regimes, rapid and relaively well-sequenced structural reforms, and support from the Armenian diaspora. In addition, the implementation of a poverty reduction strategy since 2002 has complemented the effect of economic growth on reducing poverty. This book assesses the country's economic transformation during the last 10 years and discusses the challenges to sustaining these successes.
Author: Ms.Laure Redifer
Publisher: International Monetary Fund
ISBN: 9781589064515
Category : Business & Economics
Languages : en
Pages : 116
Get Book Here
Book Description
Since 2000, Armenia's economic performance has been remarkable. Real economic growth has averaged 11 percent a year, annual inflation has averaged 3 percent, and poverty and inequality have fallen. The country has outperformed other low-income countries including other members of the Commonwealth of Independent States. This is particularly impressive given the geographical location of Armenia, the closure of two critical borders, and occasional political turmoil. The key factors behind Armenia's economic performance are prudent monetary and fiscal policies, liberal trade and foreign exchange regimes, rapid and relaively well-sequenced structural reforms, and support from the Armenian diaspora. In addition, the implementation of a poverty reduction strategy since 2002 has complemented the effect of economic growth on reducing poverty. This book assesses the country's economic transformation during the last 10 years and discusses the challenges to sustaining these successes.
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451801637
Category : Political Science
Languages : en
Pages : 11
Get Book Here
Book Description
This Joint Staff Advisory Note (JSAN) discusses Poverty Reduction Strategy Paper (PRSP) for Armenia, which focuses on the government’s commitment to equitable growth and sustained poverty reduction. It reports on the progress in addressing issues raised in the previous JSAN, and provides IMF staff's advice on key priorities for strengthening the PRSP process further. The second PRSP Progress Report provides strong evidence of rapid economic growth, a notable reduction in poverty, and a number of other accomplishments, particularly in fiscal policy and social service delivery.
Author:
Publisher:
ISBN:
Category : Armenia
Languages : en
Pages : 0
Get Book Here
Book Description
Author: Fondo Monetario Internacional
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451801620
Category :
Languages : en
Pages : 99
Get Book Here
Book Description
The Armenian government adopted the Poverty Reduction Strategy Paper (PRSP), and the first years of the PRSP implementation have evidently resulted in the significant reduction of both poverty and extreme poverty. The main focus has been sustainable economic growth, institutional reforms, and poverty reduction targeted policy in individual spheres. The annual budget is fully based on the PRSP ideology and was programmed accepting the priorities set up in the PRSP. The government considers the medium-term expenditure framework as a key mechanism to overcome poverty.
Author:
Publisher:
ISBN:
Category : Armenia
Languages : en
Pages : 146
Get Book Here
Book Description
Author: International Monetary Fund. Middle East and Central Asia Dept.
Publisher: International Monetary Fund
ISBN: 1484311019
Category : Business & Economics
Languages : en
Pages : 11
Get Book Here
Book Description
This paper describes that with the global downturn in 2007–2009, some of these achievements were partially reversed due to severe negative shocks to growth and changes in the composition of growth. While compared to peer countries, inequality in Armenia remains low; it has increased somewhat since 2009. Poverty has marginally declined after the global crisis, but unemployment remains high. Creating jobs, reducing poverty, and higher inclusiveness would require sustained high growth and implementing pro-poor policies. Better-targeted social policies and more attention to the regional distribution of spending would also help reduce poverty and improve inclusiveness. Poverty declined during the 2000s, supported by high growth. Poverty rate decreased by one third and the extreme poverty declined by half during 2004–2008. In addition to strong growth which created many job opportunities, higher social expenditures played a key role in lowering poverty. Regional disparities of poverty levels remain very high. These disparities, however, are geographical and not across the urban/rural divide. Indeed, contrary to the common perception, poverty rates in urban and rural areas are almost the same.
Author: Weltbank
Publisher:
ISBN:
Category :
Languages : en
Pages :
Get Book Here
Book Description
This report reviews poverty in Armenia in 2001, and examines the most recent trends covering the 1998/99 to 2001 period. It looks at the determinants of poverty, and analyzes linkages between economic growth, sector policies and poverty. The findings are based on two rounds of the Armenia Integrated Living Conditions Survey (ILCS), one carried out in 1998/99, and the other in 2001. The report has contributed to the development of Armenia's national strategy for growth and poverty reduction. Poverty is high in Armenia, with an estimated 48 percent of the population below the poverty line in 2001. Despite some 20 percent still living in extreme poverty, there has been nonetheless, a significant decline in poverty, as poverty incidence dropped by 12 percent, and extreme poverty incidence by 25 percent from their respective levels in 1998/99. There is a strong correlation between poverty and low educational attainment, while the unemployed and non-participants in the labor market, face the highest poverty risk, depth and severity of poverty. In rural areas, poverty is positively correlated with the size of landholdings. The drop in poverty reflects a decline in urban poverty since 1998/99. Rural poverty has increased slightly. Yerevan, the capital and largest urban area in Armenia, registered the most significant reduction in poverty, as poverty incidence there dropped by 23 percent and extreme poverty by over a third, to 45 percent and 20 percent, respectively. While poverty in other urban areas also decreased, their poverty incidence still remains above the national rate, at 52 percent. Poverty incidence is now roughly the same in urban and rural areas, 48.5 percent and 47.9 percent, respectively. Government policies aimed at macroeconomic stability and diversification of the economy should be pursued, and, recommendations further include increasing the level and quality of education, and ensuring better health for all, critical to reduce poverty. Concerning social protection, consideration should be given to expanding it to cover most of the extremely poor, as well as refining targeting mechanisms.
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451801491
Category :
Languages : en
Pages : 142
Get Book Here
Book Description
The Poverty Reduction Strategy Paper (PRSP) has been developed for eradicating poverty in Armenia. It analyzes the poverty situation of Armenia, and evaluates the methodology and methodological issues. It discusses the PRSP goals, main policy directions, solution to poverty, and the reduction of inequality. It assesses the social and economic strategies and governance. It reviews the employment issues and trends in the budget framework, and also analyzes the implementation, monitoring, and evaluation of the system.
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451801548
Category : Business & Economics
Languages : en
Pages : 68
Get Book Here
Book Description
Armenia showed strong economic performance owing to its prudent macroeconomic policies and structural reforms, under the Poverty Reduction Growth Facility (PRGF) Arrangement. Executive Directors welcomed this development, and stressed the need to strengthen the tax system, structural reform agenda, and implement an effective anticorruption strategy. They emphasized the need to improve monetary stance, the legal financial sector framework, and banking supervision. They agreed that Armenia has successfully completed the fourth review under the PRGF program, and approved waiver.
Author: International Monetary Fund
Publisher: INTERNATIONAL MONETARY FUND
ISBN: 9781451801477
Category : Business & Economics
Languages : en
Pages : 71
Get Book Here
Book Description
This paper examines Armenia’s Fifth Review Under the Poverty Reduction and Growth Facility (PRGF) and Request for Extension of the Arrangement. Performance under the PRGF-supported program since mid-2003 has been satisfactory: the authorities met all quantitative targets and implemented most of the envisaged structural measures. Tax revenue collection was somewhat disappointing in 2003, although it has improved in early 2004. Future growth in Armenia will increasingly depend on the ability of the banking system to mobilize and allocate domestic savings.
