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Armenia and Artsakh are not vulnerable as long as do not harmonize with the global economy. Economist

The organization of the third international youth conference in Stepanakert is of great importance, especially today, when our state faces new challenges and needs to develop new approaches.

Armenia and Artsakh are not vulnerable as long as do not harmonize with the global economy. Economist

Armenia and Artsakh are not vulnerable as long as do not harmonize with the global economy. Economist

STEPANAKERT, SEPTEMBER 14ARTSAKHPRESS: Bagrat Asatryan, former president of the Central Bank of Armenia, candidate of economic sciences, associate professor, lecturer at the Faculty of Economics and Management of Yerevan State University, told "Artsakhpress" on September 14.

According to him, the conference gives an opportunity to discuss the problems of the two Armenian states and to summarize the done positive works.

The fact that the economy of Armenia or Artsakh is vulnerable is conditional as the problem of vulnerability exists in the whole world. In this sense, Armenia has positive and negative aspects.

We are not vulnerable as long as we do not harmonize with the global economy. External challenges will less affect our country. On the other hand, for being stable, the economy has a long way to pass. When referring to the Artsakh economy it is worth mentioning that the GDP is higher three times, while the rate of economic growth in Armenia is very low and there are systemic problems, "he said.


     

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