A New Model for Job Creation in Armenia

In Armenia, more effective accumulation, together with greater competition and better connectivity with the rest of the world, will increase pressures on firms to compete and innovate and will thus reinvigorate job creation. In order to more effectively channel savings into investment in those indus...

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Bibliographische Detailangaben
1. Verfasser:	Bartsch, Ulrich
Format:	Buch
Sprache:	eng
Schlagworte:	ACCESS TO INFORMATION ACCESS TO SERVICES ANTITRUST BANKRUPTCY BARRIERS TO ENTRY BOND BOND MARKET BOND MARKETS BONDS BUSINESS CLIMATE BUSINESS ENVIRONMENT CAPACITY BUILDING CAPITAL MARKETS CARGO TRAFFIC CENTRAL DEPOSITORY COLLATERAL COMMUNICATIONS TECHNOLOGY COMPETITION POLICY COMPETITIVENESS CONFIDENTIALITY CONNECTIVITY CONTESTABILITY DRIVERS EMPLOYMENT EMPLOYMENT CREATION EQUITY ISSUES EXTERNALITIES FINANCIAL CRISIS FINANCIAL INFRASTRUCTURE FINANCIAL SYSTEM FORECLOSURE FOREIGN INVESTOR GLOBAL COMPETITIVENESS GOVERNMENT CONTRACTS GOVERNMENT DEBT GOVERNMENT POLICIES HIGH EMPLOYMENT HIGH UNEMPLOYMENT ICT INCOMES INFRASTRUCTURE PROJECTS INNOVATION INTELLECTUAL PROPERTY INTELLECTUAL PROPERTY PROTECTION INTERNATIONAL BANK INTERNATIONAL LABOUR ORGANIZATION INVESTOR AWARENESS JOB CREATION LABOR FORCE LABOR FORCE PARTICIPATION LABOR MARKET LABOUR LEGAL FRAMEWORK LIQUIDITY LONG-TERM FUNDS MACROECONOMIC STABILITY MARGINAL COSTS MARKET ACCESS MARKET DOMINANCE MARKET PARTICIPANTS MARKET POWER MARKET REGULATION MARKET STRUCTURE NEW TECHNOLOGIES PENSION PENSION REFORMS POLICY FORMULATION PRICE LEVELS PRIVATE BOND PRIVATE BONDS PRIVATE EQUITY PROCUREMENT PRODUCT MARKET PROTOCOLS PUBLIC ADMINISTRATION PUBLIC-PRIVATE PARTNERSHIP RAMP REGISTRY REGULATOR REGULATORS RESOURCE ALLOCATION RESULT SAFETY SAVINGS SECURITIES SECURITIES MARKETS SEIZURE SERVICES MARKET SMALL BUSINESSES SUSTAINABLE GROWTH TRANSPARENCY WEAK CORPORATE GOVERNANCE WORLD DEVELOPMENT INDICATORS WORLD MARKETS
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Beschreibung
Zusammenfassung:	In Armenia, more effective accumulation, together with greater competition and better connectivity with the rest of the world, will increase pressures on firms to compete and innovate and will thus reinvigorate job creation. In order to more effectively channel savings into investment in those industrial sectors with the best potential for growth and employment creation, a more sophisticated financial system is required. A recently released World Bank report1 finds that Armenias State Commission for the Protection of Competition (SCPEC) needs to be given better tools to carry out its work, and it also needs to shift its focus from price levels to more vigorously pursuing anticompetitive conduct. A liberalization of aviation would boost growth and job creation by better connecting people, ideas, and markets.