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OSKANYAN RESPONDS TO SARGSYAN
http://www.a1plus.am/en/politics/2012/05/17/vardan-oskanyan
06:53 pm | Today | Politics
Ex-foreign minister, member of Prosperous Armenia Party Vardan Oskanyan
has touched upon RA Prime Minister Tigran Sargsyan's statements during
today's government session on his Facebook page.
"I read that the Prime Minister touched upon and to a certain extent
responded to the criticism that I had made regarding Armenia's economic
policy during the election campaign.
It is painful to see that the Prime Minister has chosen an "easy"
way of coming back by viewing the criticism as "illiterate" for
no reason, when my commentaries, analyses and criticism during the
election campaign were probably the rarest in terms of content and were
related to the social-economic issues that concern the people the most.
I wouldn't like to get into a dispute with the Prime Minister. It is
suffice to go out to the street, talk to citizens, get acquainted with
the government's statistics to find out the results of the government's
"literate" policy.
I would like to inform the Prime Minister and his team that today's
global trends are such that even the centralization of central banks
on moderating the inflation rate are becoming history.
Based on the current global economic state and the imperative for
economic growth, central banks are making the transition from the
monitoring of the inflation rate to the monitoring of the GDP, which
assumes that central banks must combine the economic growth and the
moderation of the inflation rate. I suggest reading the article "The
Death of Inflation Targeting" published by Professor of the University
of Harvard, economic advisor to former U.S. President Bill Clinton,
Jeffrey Frankel, which is posted on Project Syndicate website.
The above mentioned establishes my view that making economic growth
the main target is the imperative for Armenia. This means creating
jobs, raising the living standard, viewing all other macroeconomic
issues in this context and taking into account that all international
organizations stress that in the long run, there are serious risks for
Armenia's economy and the latter is still in a state of uncertainty."
http://www.a1plus.am/en/politics/2012/05/17/vardan-oskanyan
06:53 pm | Today | Politics
Ex-foreign minister, member of Prosperous Armenia Party Vardan Oskanyan
has touched upon RA Prime Minister Tigran Sargsyan's statements during
today's government session on his Facebook page.
"I read that the Prime Minister touched upon and to a certain extent
responded to the criticism that I had made regarding Armenia's economic
policy during the election campaign.
It is painful to see that the Prime Minister has chosen an "easy"
way of coming back by viewing the criticism as "illiterate" for
no reason, when my commentaries, analyses and criticism during the
election campaign were probably the rarest in terms of content and were
related to the social-economic issues that concern the people the most.
I wouldn't like to get into a dispute with the Prime Minister. It is
suffice to go out to the street, talk to citizens, get acquainted with
the government's statistics to find out the results of the government's
"literate" policy.
I would like to inform the Prime Minister and his team that today's
global trends are such that even the centralization of central banks
on moderating the inflation rate are becoming history.
Based on the current global economic state and the imperative for
economic growth, central banks are making the transition from the
monitoring of the inflation rate to the monitoring of the GDP, which
assumes that central banks must combine the economic growth and the
moderation of the inflation rate. I suggest reading the article "The
Death of Inflation Targeting" published by Professor of the University
of Harvard, economic advisor to former U.S. President Bill Clinton,
Jeffrey Frankel, which is posted on Project Syndicate website.
The above mentioned establishes my view that making economic growth
the main target is the imperative for Armenia. This means creating
jobs, raising the living standard, viewing all other macroeconomic
issues in this context and taking into account that all international
organizations stress that in the long run, there are serious risks for
Armenia's economy and the latter is still in a state of uncertainty."