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  • Defying Economic Rules

    DEFYING ECONOMIC RULES

    Lragir.am
    http://www.lragir.am/engsrc/country23089.html
    25/08/2011

    "Processes and phenomena in the Armenian market or economy defy an
    economic explanation," said economist Zoya Tadevosyan, member of the
    Armenian National Congress, dwelling on the recent sugar price rise.

    According to her, "among oligopolies in imports, sugar import
    is monopolized by MP Samvel Alexanyan (when Congress said 76 MPs
    violate the Constitution and run businesses, Alexanyan denied running
    businesses but he trapped himself when he tried to explain why the
    sugar price rose). No economic but psychological "rules" dominate
    the monopolized market. It is all about greed," says Tadevosyan.




    From: A. Papazian
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