FORMATION OF PROPER DEMOCRATIC SYSTEM IN ARMENIA POSSIBLE UNDER ECONOMIC STABILITY ONLY

Arka News Agency, Armenia
May 21 2007

YEREVAN. May 21. /ARKA/. Formation of a proper democratic system in the
country is possible under economic stability only, Armen Ashotyan,
member of the Republican Party of Armenia faction reported at a
press-conference on Monday.

"Emergence of a really functioning democratic system is possible
provided that a favorable economic situation is established, that is,
a minimal economic well-being. This is the primary factor of democracy,
because democratic principles work where the electorate has resolved
its economic problems," he said.

Ashotyan added that the unprecedented economic growth, recorded in
Armenia over the last 4-5 years, logically leads to the fact that
economic prerequisites have already been created for emergence of a
really working democratic system.