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AIPRG Annual Conference

Impact of the Global Crisis on Armenia:
Short- and Long-run Perspectives
International Conference
July 7-8, Yerevan, Armenia

Conference Presentations and Papers

This international conference aimed to explore the impact of the global economic crisis on Armenia, develop scenarios for coping with consequences of the crisis, and provide policy recommendations to mitigate the impact of the crisis.

The proceedings took place at the Marriott Hotel Armenia on Tuesday, July 7th, and Wednesday, July 8th, 2009.

The conference intended to foster a dynamic exchange of ideas aimed at influencing public policy in Armenia. Presentations of cross-country experiences of emerging economies provided comparative venues for discussion regarding policies which would propel the Armenian economy into a higher growth trajectory. Panels explored how the global crisis could provide an opportunity for economic renewal in Armenia at this critical juncture.

AIPRG convened a wide range of panelists, including policy-makers, distinguished scholars and researchers, and representatives of academia, international organizations, and civil society.

Keynote addresses were delivered by Tigran Sargsyan, Prime Minister of Armenia, and Asad Alam, Regional Director for the South Caucasus, World Bank.

Other featured speakers included:

  • Nerses Yeritsyan , Minister of Economy, Armenia;

  • Raul de Luzenberger, Head of European Commission Delegation;

  • Consuelo Vidal, UN Resident Coordinator / UNDP Resident Representative;

  • Aristomene Varoudakis, Head, World Bank Office in Yerevan;

  • Sergey Kapinos, Head, OSCE Office in Yerevan;

  • Lorenzo Giorgianni, Division Chief, Strategy and Policy Review Department, IMF;

  • Ben Slay, Senior Economist, UNDP;

  • Jesus Felipe, Principal Economist, Head of the Strategic Research Unit, and Director of the Central Asia Regional Economic Cooperation Institute, in the Central and West Asia Department of the Asian Development Bank;

  • Mushegh Tumasyan, Deputy Minister of Economy;

  • Haik Sargsyan, Dean, Economics Department, Yerevan State University;

  • Vache Gabrielyan, Deputy Chairman;

  • Heghine Manasyan, Board Member, AIPRG, Director, CRRC;

  • Konstantin Atanesyan, Board Member, AIPRG, Sr. Evaluation Officer, Independent Evaluation Group, World Bank;

  • David Akopyan, Board Member, AIPRG, UNDP, New York;

  • Armine Khachatryan, Board Member, AIPRG, IMF, Washington DC;

  • Balazs Horvath, Poverty Practice Leader in Bratislava, UNDP;

  • King Banaian, Dean, Economics Department, St. Cloud State University, USA;

  • Lev Freinkman, Institute for the Economy in Transition, Russia;

  • Luciano Greco, Assistant Professor of Public Finance, University of Padua, Visiting research fellow at the Financial Markets Group, London School of Economics;

  • Marek Dabrowski, President, Center for Social and Economic Research, Poland;

  • Marjan Nikolov, President, Center for Economic Analyses, Macedonia;

  • Sergiy Kruglyk, Director of External Economic Relations Department, National Bank of Ukraine;

  • Karen Grigorian, Senior Economist, World Bank;

  • Aram Gharibyan, Advisor to RA Prime Minister;

  • Karen Vardanyan, Executive Director, Union of Information Technology Enterprises;

  • Vahram Ghushchyan, School of Corporate Governance;

  • Alen Amirkhanian, Partner at DCS;

  • Sevak Hovhannisyan, EV Research Center.

  • Vahe Vardanyan, Head of Department, Central Bank of Armenia;

  • Gohar Gyulumyan, Economist, World Bank;

  • Alan Saffery, Senior Competitiveness Expert, Competitive Armenian Private Sector;

Papers were presented on a variety of topics, including:
  • Consequences of the global financial and economic crisis for emerging and developing countries and specific lessons for Armenia;

  • The impact of the crisis on Armenia and policy responses (including economic and social impact; monetary policy and exchange rate; institutional and structural issues; government response to crisis);

  • Prospects for growth and competitiveness of the Armenian economy (including the governmental program for sustainable development; drivers of growth, policies and strategies to improve competitiveness; new opportunities supporting crisis mitigation).

The conference was organized in cooperation with the Government of Armenia and with financial assistance from the European Union,   UNDP,   World Bank,   USAID/Armenia - FORECAST/Human and Institutional Capacity Development Project, and OSCE .

Conference Details
Dates: 7-8 July, 2009

Time: 9am - 6pm

Venue: Marriott Hotel Armenia
Workshop Details
Date: 9 July, 2009

Time: 10am - 2pm

Venue: American University of Armenia
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