The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.

The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.

The European Union provides financial support to Armenia mainly within the framework of the European Neighbourhood Policy. The support is provided through the annual action plans signed with the partner country every year. These documents define the areas of EU support, the scope and mechanisms for the provision of assistance as well as financial instruments, one of which is the budget support.

The EU budget support is one of the main form of EU assistance to Armenia. It includes transfers of funds to the partner country’s state treasury and is used to support the partner country’s reform efforts in mutually agreed sectors, as well as to improve capacity for policy development.

This study presents the EU budget support programs provided to Armenia, the principles of their implementation and progress of their implementation in 2016-2020. Full material is available only in Armenian

In 2020, the Azeri-Turkish military aggression and the capitulation of the Armenian authorities had disastrous effects for the Republic of Armenia and for the Republic of Artsakh: thousands of victims and captives, tens of thousands wounded, huge material and moral losses, loss of all territories “adjacent to Nagorno-Karabakh”, loss of parts of Askeran, Hadrut, Martuni, Martakert regions of Nagorno-Karabakh, the cities of Shushi and Hadrut, the defeat of the Armenian army, the reshaping of a number of border areas of the Republic of Armenia in favor of Azerbaijan, the sharp deterioration of relations with the allies, and the reputation of an unreliable and irresponsible partner. Given such huge losses, it is obviously difficult to single out the internal and external factors. Meanwhile, the key events of the Nagorno-Karabakh conflict make the study of external relations a priority, in particular after the change of power in 2018, as prior to the war it was already clear that there are many challenges and fundamental mistakes endangering the conflict settlement process. But the failures were not limited to the settlement process, and even to the war. The situation is further complicated by the fact that the totally failed authorities of Armenia, ignoring one of the postulates of human history, i.e. the defeated government must leave, cling to the government in every possible way, not creating any opportunity to form a new government and to solve extremely difficult problems. The catastrophic losses caused by the war, being increased after the establishment of the ceasefire, uncertainties and ominous assumptions about further developments require an assessment of the changes in Armenia's foreign policy since the 2018 change of power and their impact on the results of the war and on the settlement of the Nagorno-Karabakh conflict in the conditions of deepening geopolitical rivalry. As the Azerbaijani-Turkish aggression has sharply increased the threats to the security of the Republic of Armenia and of the Republic of Artsakh, the Armenians face unprecedented challenges of the last century. To avoid disaster and to overcome the extremely difficult challenges, it is necessary to reconsider the achievements, successes, failures and mistakes of three decades of independence, to identify their grounds and causes.

This study enables to identify the causes of failures in the field of foreign policy, that led to the disaster, to assess the current situation in this field, and to outline the problems, the solution of which will allow overcoming the disastrous situation, ensuring the revival of the Republic of Armenia and saving Artsakh.

In the present analysis, given the data published by the Statistical Committee of the RA, we study the recent social-economic developments in the economy of the RA. In particular, we consider the cumulative indicator of economic activity of the given month, its sectoral distribution, as well as the dynamics of individual sectors of the economy. We also analyze economic developments in the foreign trade, labour market and fiscal system of the RA. In addition, some aspects of the financial system (inflation, deposits and loans), as well as the behaviour of the exchange rate, are touched upon. Full material is only available in Armenian.

As of 2019, relative to GDP current account deficit of the economy of the RA is estimated at 7.2%. This is the worst performance in the South Caucasus. Given that the economy of the RA has been characterized by current account deficit constantly ever since its independence, it is clear that there are structural disproportions in its model of economic development. In this paper it is shown that in the RA the current account deficit is primarily caused by insufficient national savings. In addition, it is established that this phenomenon is precarious insofar as it leads to higher levels of consolidated external debt of the private and public sectors. By testing the hypothesis of twin deficits it is revealed that fiscal consolidation could contribute to the formation of external balance in the economy of the RA.

The study of indicators and indices published by international organizations allows to address two important problems. First, to assess the performance of the RA in the given period with the help of comprehensive numerical measures, as well as to make intertemporal comparisons in order to understand whether the country moves in the desirable direction. Second, to compare the performance of the RA with other countries to ascertain Armenia’s relative position in the region and Eurasian Economic Union. These results are important, since they help to derive the comprehensive assessment of the economic situation, which is needed both for the public and the private sector. The present analysis is aimed at addressing the foregoing problems. Full material is only available in Armenian.

This analysis is dedicated to the discussion of the foreign policy vision of the administration of the 46th US President Joe Biden regarding Russia. By examining the past and present positions of members of his administration on Russia and Russian-American relations, it becomes apparent that there are high-ranking officials in the Biden administration who have a pronounced anti-Russian stance. The latter do not see the prospects for large-scale Russian-American cooperation, especially under the current president of Russia. At the same time, potential cooperation in the areas of mutual interest, for example, in the field of reduction of nuclear arms, is not excluded. Russia will continue to be seen as the United States' main rival, and the United States will try to counter the spread of Russian influence in all directions.

The book on “Parliamentary oversight. Tools and mechanisms in the Republic of Armenia” explains the oversight role of the National Assembly of Armenia in the parliamentary system of government and presents the tools for parliamentary oversight provided by the Constitution of the Republic of Armenia and other legal acts. Special focus is made on the rights of parliamentary minority and issues of effective implementation of the oversight mechanisms by the latter. Additionally, analysis of international experience of certain oversight tools is provided.

The addressees of the book are practitioners, as well as academia, students, researchers of the role of parliament in a parliamentary system, and those interested in development of parliamentary culture.