IMF Working Papers

Raising Armenia’s Export Potential

By Klakow Akepanidtaworn, Lili Karapetyan, Nathalie Reyes, Yulia Ustyugova

October 28, 2022

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Klakow Akepanidtaworn, Lili Karapetyan, Nathalie Reyes, and Yulia Ustyugova. Raising Armenia’s Export Potential, (USA: International Monetary Fund, 2022) accessed November 23, 2024

Disclaimer: IMF Working Papers describe research in progress by the author(s) and are published to elicit comments and to encourage debate. The views expressed in IMF Working Papers are those of the author(s) and do not necessarily represent the views of the IMF, its Executive Board, or IMF management.

Summary

Raising Armenia’s long-term growth prospects is critical to meet the pressing need for jobs, achieve higher living standards, and arrest emigration. Armenia’s long-term growth prospects have weakened since the global COVID-19 crisis, while recent global and regional the geopolitical developments added new shocks. This paper argues that there is a need to boost the potential of the tradable sector by focusing on products with higher complexity to sustainably increase Armenia’s growth rate. It provides an overview of Armenia’s export performance, analyzes factors and policy valuables that affect export outcomes in terms of volumes and composition, and draws policy implications.

Keywords: Empirical Studies of Trade, Trade Policy

Publication Details

  • Pages:

    34

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

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  • Series:

    Working Paper No. 2022/214

  • Stock No:

    WPIEA2022214

  • ISBN:

    9798400224379

  • ISSN:

    1018-5941