Economist Tatul Manaserian: National Model Of Developing Armenian Ec

ECONOMIST TATUL MANASERIAN: NATIONAL MODEL OF DEVELOPING ARMENIAN ECONOMY SHOULD BE CREATED

Noyan Tapan
Aug 16 2007

YEREVAN, AUGUST 16, NOYAN TAPAN. Various models of developing the
economy proposed by international organizations do not work in Armenia
because the local expert potential is not used in developing these
models. Economist Prof. Tatul Manaserian expressed this opinion at
the August 16 press conference. For this reason, in his words, a
"national" model should be created.

According to T. Manaserian, more funds should be allocated to science
intensive branches with the aim of developing the Armenian economy.

Particularly, the total amount of budgetary and grant resources
allocated to the sphere of science in Azerbaijan (including allocations
for scientific developments of the military and industrial complex)
exceeds 12fold the respective index of Armenia.

A surplus of jobs can be created in Armenia in a short period of time,
which can be achieved through evaluation of the country’s economic
resources, identification and substantiation of its competitive
advantages, determination of guiding lines of economic development,
and based on it, management of financial resources and the expert
potential of local, Diasporan and international organizations.

T. Manaserian noted that Armenia currently supplies labor force to such
countries as Russia and Turkey, thus promoting the economic development
of these countries. As a result, imports of goods from these and
other countries into Armenia grow faster than exports from Armenia.