Yerevan, April 30, Noyan Tapan, To explore the impact of the global economic crisis on Armenia, the Armenian International Policy Research Group (AIPRG) with support of the RA Government will organize a conference entitled "Impact of the Global Financial Crisis on Armenia's economy: Short- and long-run perspectives," on July 7 to 8 in Yerevan. As the Minister of Economy of Armenia, Nerses Yeritsian told at a press conference on April 29, the conference is aimed at analyzing the influence of the global economic and financial crisis on Armenia's economy , elaborating scenarios The conference aims to develop scenarios for coping with consequences of the crisis and provide policy recommendations to mitigate the impact of the crisis. According to the minister, presentation of experience of developing countries and countries in transition during conference will enable to reveal those shortcomings of the economic policy of Armenia, elimination of which would help to increase the pace of Armenia's further economic growth. As N.. Eritsian mentioned, the conference is open for all researchers. The minister called up opposition representatives to participate in the conference and present surveys and analysis related to weakening the impact of the crisis consequences. According to the chief executive of AIPRG Arman Gabrielian, during two-day conference presentations of cross-country experiences of emerging economies will provide comparative venues for discussion regarding how to move towards economic policies in Armenia which will propel the Armenian economy into a higher growth trajectory. The conference will address the outcomes of the world economic crisis and lessons for Armenia, the impact of the crisis on Armenia and a policy response, prospects of improving Armenia's economic growth and increasing competitiveness, as well as economic consequences of the open border with Turkey and Armenia's new regional positioning. Professionals and high-ranking officials from various international structures of Armenia and Diaspora are expected to participate, told A.Gabrielian. Scientific report and surveys presented at the conference will be published in "Armenian Journal of Public Policy" issued by AIPRG. AIPRG is a non-governmental organization, which supports scientific researches in Armenia and Diaspora on matters regarding Armenia's economic development and growth with the purpose to unite existing knowledge and experience. AIPRG is an academic bridge between Diasporan and native Armenian scholars in the areas of economy, policy, law and management.

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