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ECONOMIST: KNOWLEDGE-BASED ECONOMY CAN PROPEL ARMENIA'S DEVELOPMENT
YEREVAN, January 17. /ARKA/. Knowledge-based economy can propel
Armenia's development, Vardan Bostanjyan, an economist and a former
member of parliament, told ARKA News Agency on Friday.
"Our room for development is not small, and I think it is necessary
to move toward knowledge-based economy, which needs a right policy
for proper development," he said.
In his opinion, effective usage of intellectual resources will put
things in the country right by enhancing enterprises' profitability
and creating new jobs.
The expert pointed out development of the light industry and small
and mid-scale businesses as other ways to spur economic growth in
the country.
According to National Statistical Service of Armenia, the country's
GDP grew 1.4% in the third quarter 2013, compared with the same period
of 2012, to AMD 1283.5 billion.
In the 2013 government budget, GDP growth was projected at 6.2%
and in the 2014 budget at 5.2%. -0---
- See more at:
http://arka.am/en/news/economy/economist_knowledge_based_economy_can_propel_armen ia_s_development/#sthash.IvJX9JMr.dpuf
YEREVAN, January 17. /ARKA/. Knowledge-based economy can propel
Armenia's development, Vardan Bostanjyan, an economist and a former
member of parliament, told ARKA News Agency on Friday.
"Our room for development is not small, and I think it is necessary
to move toward knowledge-based economy, which needs a right policy
for proper development," he said.
In his opinion, effective usage of intellectual resources will put
things in the country right by enhancing enterprises' profitability
and creating new jobs.
The expert pointed out development of the light industry and small
and mid-scale businesses as other ways to spur economic growth in
the country.
According to National Statistical Service of Armenia, the country's
GDP grew 1.4% in the third quarter 2013, compared with the same period
of 2012, to AMD 1283.5 billion.
In the 2013 government budget, GDP growth was projected at 6.2%
and in the 2014 budget at 5.2%. -0---
- See more at:
http://arka.am/en/news/economy/economist_knowledge_based_economy_can_propel_armen ia_s_development/#sthash.IvJX9JMr.dpuf