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Economy Region

Armenia to surpass Azerbaijan and Georgia by GDP per capita. IMF

Armenian GDP per capita has surpassed that of Georgia and is projected to surpass Azerbaijan for the first time since 2005, according to IMF data. More importantly, the growth is projected to continue for the next 4-5 years according to IMF.

In 2019 GDP per capita in Armenia was equal to $ 4527.592 (current prices, USD), while that of Georgia was worth $4289.322 and Azerbaijan — $4689.378. The projection for 2020 says Armenian GDP per capita will grow to $4759.2, overtaking Azerbaijan.

GPD (current prices) in USD in Armenia, Azerbaijan, Georgia

Meanwhile, Armenia’s GDP still is still lagging behind Azerbaijan and even Georgia, according to IMF data. At $13.4 billion USD Armenia’s GDP is 3.5 times smaller than that of Azerbaijan’s $47.1 billion and about $2.4 billion USD less than that of Georgia’s $15.9 billion.

As far as I’m concerned, the good news is that GDP in Armenia will continue to grow according to IMF. And if Pashinia’s full year in power (2019) is any indicator, this growth will actually translate into good roads and infrastructure, better medicaid and higher pensions for Armenian citizens, instead of going into the pockets of a bunch of corrupt officials, as was the habit during the previous regimes.

Categories
Armenia Region

Russian-Israeli blogger defeats Azerbaijan's Karabakh blacklist

Azerbaijan’s grand experiment of scaring everyone with its blacklist and making the Russian-Israeli blogger Alexander Lapshin an example has failed spectacularly. All kudo’s go to Lapshin, of course. What a guy! But let’s start from the beginning, shall we?

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Armenia

Armenia is the world's 3rd most militarized country. Global Militarization Index

Armenia revealed it owned a set of 9K720 Iskander (SS-26 ‘Stone’) short-range ballistic missiles (SRBMs) in its military parade on 21 September, 2016 Source: Karen Vrtanesyan / Razm.info

The ten countries that have the highest levels of militarization are Israel, Singapore, Armenia, Jordan, Russia, South Korea, Cyprus, Greece, Azerbaijan and Brunei in the Global Militarization Index.

Categories
Armenia Region

Why Azerbaijani Laundromat is Bad for Armenia and Georgia

Even though Armenia, Azerbaijan and Georgia are vastly different states, they are always viewed together as one region — the South Caucasus. This means that all international human rights, anti-corruption and democratization reports will look at the indicators from these three countries and try to ‘bring them in line’ together.

Categories
Armenia Politics Region

King Bako Sahakian of Artsakh Inaugurated

This is a sad day. Nagorno-Karabakh President Bako Sahakian personally and deliberately defeated one of the greatest arguments in support of Karabakh’s independence from dictatorial Azerbaijan by swearing in for yet another term on Thursday and extending his decade-long rule.

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Armenia Region

National Geographic portrayed Armenians as "respected artisans, scientists, and energetic merchants"

Old National Geographics map describing the people of the Soviet Union

I came across this fascinating map (link to full-sized map) of the “People’s of the Soviet Union”, published by the National Geographic Magazine in February 1976, which offers a unique view into what the West thought of us, the Soviet’s at that time (and I wasn’t even born then).

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Armenia Politics Region

Protesters Throw Eggs at Russian Embassy in Yerevan


Russia has been shuffling Armenia and Azerbaijan as a pack of old cards for its interests. It took hundreds of lost lives until at least some people in Armenia started to understand this. Today this understanding took concrete shape and form as hundreds of people rallied in Yerevan against Russian sale of arms to Azerbaijan as well as Russia’s treacherous stance towards Armenia.

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Region

Poisoned Blood

Armenia — Funeral services of Private Sasoun Mkrtchian – a contract serviceman, scout-gunner who fell during the clashes at the Nagorno Karabakh contact line, Yerablur, Yerevan, 05Apr2016

My eyes are hurting… It takes me 5 seconds to read the title and look at the illustration, another 10-15 seconds are needed to separate propaganda from fact in the lead of the story. I skim through hundreds if not thousands of such articles per day and I don’t need to read the full article to know what I’m dealing with. It is pure fascism.

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Region

Fragile Truce Holds in Karabakh

This video screenshot of a smiling Armenian soldier somewhere in the southern part of the line of contact between Armenian and Azerbaijani militaries has made my day. It marks the end of the nightmare, the end of 3 days of violent clashes, it reaffirms the promise that there’s no military solution to Nagorno-Karabakh conflict and it signifies hope that peace is possible…

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Region

Inside Story – What triggered the conflict in Nagorno-Karabakh?