04.07.2012 21:12
YEREVAN, July 4. /ARKA/. Government subsidies hobble international trade development, Tatul Manaseryan, the head of Alternative analysis center, said Wednesday during Yerevan – Moscow – Kyiv – Chishinau - Astana video bridge spotlighting the crisis in Europe and across the world and things in economies of the Commonwealth of Independent States.
“On one hand, countries enjoy freedom of competition, but on the other hand, some countries benefit from subsidies, while others lose because of subsidies,” he said. “That is why it is necessary to struggle against this evil, which is also one of the global financial crisis’ causes.”
In his opinion, those countries insufficiently integrated in the world economic space can take advantage of uncertainty in the global economy.
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