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

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…

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Podcast: Bloggers and Pornstars against "dumb economists"

Bloggers discussed various YouTube videos depicting the brawl between photojournalist Gagik Shamshyan and Bryusov University’s Security. Some tried to prove the photojournalist provoked the fight, others claimed the opposite, while some just bragged about – “Երկիրը երկիր չի” (It’s all ‘couse the country’s f**ed up!). The disagreement between the radical opposition movement Armenian national congress and the only opposition party represented in Armenia’s parliament – “Heritage” attracted some attention as well. Many others centered on the possibility that the US…

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Podcast: Between dram and dollar. Bloggers’ calculations, predictions and assumptions

Information about the US dollar trading at stock exchange is published almost every day in the print media. People hesitate whether to keep their savings in Armenian dram, or to hurry and buy dollars? “They say that the banks shall not sell dollar and other foreign currency starting from today. If you have not managed to buy earlier, you are late,” Pataphysicus has written.

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