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PanArmenian News
July 13 2005
OPENING OF ARMENIAN-TURKISH BORDER TO REDUCE UNEMPLOYMENT IN ARMENIA
13.07.2005 08:09
/PanARMENIAN.Net/ The investigation carried out by the Armenian
European Policy Legal and Advice Center (AEPLAC) showed that the
opening of the Armenian-Turkish border will allow reducing
unemployment and increasing the GDP, AEPLAC Director Tigran Jrbashian
stated when presenting the results of the investigation entitled
`Economic Consequences of the Opening of the Armenian-Turkish border
for Armenia'. The investigation was conducted according to two models
- short-term (1 year) and medium-term (5 years). According to the
short-term model with opening of the Armenian-Turkish border the GDP
will make 10.65 million AMD (in case of the medium-term model the
figure will reach 43.00 million AMD). At that the number of
workplaces will increase 1.5 thousand and 4.8 respectively. The
growth of import will make 4,71% and 12,95%. Export will increase
with 5,23% and17,73%. Other positive outcomes of the border opening
were as well marked. In part, it is the increase of the net income
per head, indexing of consumer prices and growth of the manageable
income. It was also noted that some Turkish regions are
under-developed. The GDP there yields to the average index in the
country and is 15 times lower than that in the EU states. The GDP her
head in Armenia is three times greater than that in the adjacent
Turkish regions. The research showed that import from Turkey made
about 40 million AMD in 1995-2004 annually, however in 1998 it
reached 60 million. At the same time export hardly made 10 million
AMD. According to Jrbashian it is conditioned by the fact that
Armenia allows unlimited import of goods in the republic while Turkey
imposes limitations on the import on Armenian goods.
July 13 2005
OPENING OF ARMENIAN-TURKISH BORDER TO REDUCE UNEMPLOYMENT IN ARMENIA
13.07.2005 08:09
/PanARMENIAN.Net/ The investigation carried out by the Armenian
European Policy Legal and Advice Center (AEPLAC) showed that the
opening of the Armenian-Turkish border will allow reducing
unemployment and increasing the GDP, AEPLAC Director Tigran Jrbashian
stated when presenting the results of the investigation entitled
`Economic Consequences of the Opening of the Armenian-Turkish border
for Armenia'. The investigation was conducted according to two models
- short-term (1 year) and medium-term (5 years). According to the
short-term model with opening of the Armenian-Turkish border the GDP
will make 10.65 million AMD (in case of the medium-term model the
figure will reach 43.00 million AMD). At that the number of
workplaces will increase 1.5 thousand and 4.8 respectively. The
growth of import will make 4,71% and 12,95%. Export will increase
with 5,23% and17,73%. Other positive outcomes of the border opening
were as well marked. In part, it is the increase of the net income
per head, indexing of consumer prices and growth of the manageable
income. It was also noted that some Turkish regions are
under-developed. The GDP there yields to the average index in the
country and is 15 times lower than that in the EU states. The GDP her
head in Armenia is three times greater than that in the adjacent
Turkish regions. The research showed that import from Turkey made
about 40 million AMD in 1995-2004 annually, however in 1998 it
reached 60 million. At the same time export hardly made 10 million
AMD. According to Jrbashian it is conditioned by the fact that
Armenia allows unlimited import of goods in the republic while Turkey
imposes limitations on the import on Armenian goods.