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ECONOMY: GROWTH IS ARITHMETIC, BUT DEVELOPMENT IS QUALITY
Friday,
February 22
"In Armenia there has been no development from the economic point
of view, a growth or a decline have been recorded, which is just
arithmetic, whereas economic development is a qualitative phenomenon,"
management expert Harutyun Mesrobian said during a discussion on the
post-election economy today.
According to him, if there has been a growth in exports, it does
not necessarily mean economic development, but if, for example,
the share of information technology sector has grown in the economy,
it already means qualitative development.
As regards foreign investment, Mesrobian noted that no solid
investments are made in an oligopolistic economy, especially by foreign
investors who understand that the economy is monopolized, there is no
guarantee of development and they may encounter artificial obstacles.
TODAY, 14:05
Aysor.am
Friday,
February 22
"In Armenia there has been no development from the economic point
of view, a growth or a decline have been recorded, which is just
arithmetic, whereas economic development is a qualitative phenomenon,"
management expert Harutyun Mesrobian said during a discussion on the
post-election economy today.
According to him, if there has been a growth in exports, it does
not necessarily mean economic development, but if, for example,
the share of information technology sector has grown in the economy,
it already means qualitative development.
As regards foreign investment, Mesrobian noted that no solid
investments are made in an oligopolistic economy, especially by foreign
investors who understand that the economy is monopolized, there is no
guarantee of development and they may encounter artificial obstacles.
TODAY, 14:05
Aysor.am