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  • International Experts To Discuss Ways For Armenia's Development In D

    INTERNATIONAL EXPERTS TO DISCUSS WAYS FOR ARMENIA'S DEVELOPMENT IN DILIJAN RESORT

    PanARMENIAN.Net
    September 10, 2010 - 13:31 AMT 08:31 GMT

    Armenian Prime Minister Tigran Sargsyan said that Armenia's long-term
    development will be discussed during a forum titled "Armenia after
    the Crisis: Challenges and Opportunities" to be held on September 11
    in Dilijan resort (Tavush region, Armenia).

    "The forum will focus on Armenia's 20-year path, lessons taught by
    the crisis, economic reforms, as well as the model by which Armenia
    should be guided, relative advantages and weaknesses of our economy and
    other matters," Sargsyan told journalists on September 10 in Yerevan.

    For his part, World Bank Vice President for Europe and Central Asia,
    Mr. Philippe Le Houerou, who is on a four-day visit to Armenia,
    said that he is not ready to comment on Armenia's macroeconomic
    development. "This is my first visit. I have already familiarized
    myself with numerous figures and looked through various schedules. On
    September 11, I have a meeting with the RA government, moreover, famous
    experts from different countries, including the Polish ex-minister of
    finance, ex-president of Chile, a specialist of Harvard University, are
    invited to Armenia. And we will try to answer the existing questions,"
    he said.

    Philippe Le Houerou noted that Armenia is a country with a small
    open economy, which is rather vulnerable to external impacts. "But we
    know that high centralization and low volumes of export are observed
    here, like in many other similar economies. And I agree with the
    Prime Minister that it is necessary to define the ways for Armenia's
    development. Meanwhile, it is much more difficult in the post-crisis
    period than in a pre-crisis one," concluded Mr. Philippe Le Houerou.




    From: A. Papazian
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