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Yegor Gaidar Appreciated Greatly Armenia's Experience To Adapt Econo

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  • Yegor Gaidar Appreciated Greatly Armenia's Experience To Adapt Econo

    YEGOR GAIDAR APPRECIATED GREATLY ARMENIA'S EXPERIENCE TO ADAPT ECONOMY TO NEW CHALLENGES

    YEREVAN, April 18. /ARKA/. Yegor Gaidar appreciated Armenia's
    experience in adapting its economy to new serious challenges after the
    dissolution of the Soviet Union, Vladimir Mau, rector of the Academy
    of National Economy and Public Administration under the President of
    the Russian Federation, said today at Gaidar Readings in Yerevan.

    Yegor Gaidar was Russia's acting prime minister from 15 June 1992 to 14
    December 1992. He is best known as the architect of the controversial
    shock therapy reforms administered in Russia after the disintegration
    of the Soviet Union.

    "Gaidar appreciated greatly Armenia's experience of the first years
    of independence, when the government was led by Hrant Bagratyan,"
    Mau said.

    The main topic of the readings is Russia-Armenia: Lessons from the
    Reform. Speaking on Russia's experience over the past 25 years Mau
    said it has gone through 4 interweaving crises over these years.

    He explained that Russian transformation was concomitant
    with industrial and post-industrial crises, the crisis of the
    communist system, resulting from the transition to market economy,
    which, according to him, was a unique historic phenomenon and the
    macroeconomic crisis. Mau said the transition period ended by the
    early 2000's.

    The Gaidar Readings, opened today will end on April 19 at the
    Russian-Armenian (Slavonic) University. They feature lectures,
    discussions, round tables and seminars.

    The Gaidar Readings is a project of Yegor Gaidar Foundation. The
    organization of readings in Armenia was assisted by the Gaidar Economic
    Policy Institute, the Russian-Armenian (Slavonic) University and
    the Academy of National Economy and Public Administration under the
    President of the Russian Federation. -0-

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