Armenian Premier: World Economy Slipping Into Double-Dip Recession Now
05.12.2011 22:27
YEREVAN, December 5. /ARKA/. The world economy is slipping into double-dip recession now because of errors made before and formation of a new lifestyle, Armenian Prime Minister Tigran Sargsyan said at the seminar the ruling Republican Party of Armenia held on Sunday to discuss elaboration of an export-oriented industrial policy.
“A new world is being formed before our eyes,” he said. “New rules of differentiation of labor are among this new world’s characteristics. We are also witnessing formation of new economic centers.”
Sargsya said that Armenia should work out a policy able to cushion the country from shocks coming from the outside.
He said that the modern world is peculiar for the locomotive power of knowledge production that propels development of the world economy.
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Report: Necessary steps taken by Armenian economy ministry ward off recession
20.01.2010 20:27
Armenian Economy Ministry took necessary measures to mitigate and neutralize impacts of the global recession on the country and to prevent social tension here, the ministry says in its report submitted to the government on Wednesday.
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Armenia economy getting out of worst economic recession
30.12.2009 14:30
Armenia economy getting out of worst economic recession
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