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 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.

Saved in:
Bibliographic Details
Main Author: Bartsch, Ulrich
Format: Brief biblioteca
Language:English
en_US
Published: World Bank, Washington, DC 2013-11
Subjects: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;D, 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,
Online Access:http://documents.worldbank.org/curated/en/2013/11/18792081/new-model-job-creation-armenia-promoting-more-effective-accumulation-competition-connectivity
https://hdl.handle.net/10986/22603
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary: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.