This report analyzes issues related to international migration in Armenia and its impact on Armenian households’ welfare. The report uses microdata coming from two recent household surveys, the 2017 Russian-Armenian...
This is a table of taxes, transfers and in-kind benefits, broken down by: interventions to be modelled, descriptions of the intervention according to legislations and operational rules; benchmark budget...
As of 2018, Armenia (ARM) had a three-tier personal income tax (PIT) structure: 23 percent for gross income up to 150,000 AMD per month; 28 percent for gross income over 150,000 AMD but less than 2,000,000...
Armenia is a small open economy of $3,937 GDP per capita (2017), a 3 million population and a parliamentary democracy with sound macro-fiscal and financial sector management. Macro-financial vulnerabilities...
This report analyzes issues related to international migration in Armenia and its impact on Armenian households’ welfare. The report uses microdata coming from two recent household surveys, the 2017 Russian-Armenian...
Armenia has accumulated continuous reductions in poverty since 2010, recovering the levels observed before the 2008 global economic crisis. The reduction of poverty since 2010 reflects the growth of the...
The analysis presented in this study points to persistent and high numbers in Georgia and Armenia of youth who are jobless and/or economically inactive and with limited access to learning and/or training...
Georgia’s economy expanded by 4.7 percent in 2018, driven by strong exports of goods and tourism services and robust private consumption and investment. Supported by rising investment and prudent economic...
Armenia’s economy slowed in late-2018 but still grew by 5.2 percent for the year, reflecting higher private investment and consumption. Two years of pro-poor growth lowered the poverty rate ($3.2/day at...
As of 2018, Armenia (ARM) had a three-tier personal income tax (PIT) structure: 23 percent for gross income up to 150,000 AMD per month; 28 percent for gross income over 150,000 AMD but less than 2,000,000...
Georgia is a lower-middle income small open economy and parliamentary democracy with a population of 3.7 million. Its tourism and services sector-led GDP is equal to per capita of $4,047 (2017), a solid...
Adverse demographic developments in Armenia over the 1990’s driven by decreasing fertility rates, increasing mortality rates, as well as intensive out-migration of the population, whereas somehow slowed...
The people of the South Caucasus aspire for their countries to become strong middle-class societies, and they are on track to make that aspiration a reality. Two decades of social and economic progress...
After experiencing hardship during the post-independence period, Georgia underwent a series of transformations that allowed it to make significant progress towards twin goals. Poverty moved from 37.3 percent...
There is considerable public concern about the level of household indebtedness in Georgia. The new regulation expected to come into force on November 1, 2018 addresses this concern by enforcing the responsible...
Strong external and domestic demand is projected to push economic growth up to 5.3 percent in 2018, translating into higher incomes and declining poverty. Inflation remains subdued, partly due to a strengthening...
After observing a period of steady poverty reduction between 2010 and 2015, the trend stalled in 2016 and 2017. Based on the national poverty line reported by the Georgian State Statistical Office, poverty...
Armenia’s economy continued to grow strongly in 2018, reflecting robust external demand, favorable metal prices, higher investment, and strengthened private consumption. Improvements in labor markets and...