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World Bank Calls Armenia's Economic Model "Exhausted"; Should be More Export-Oriented |
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16 Jun 17, 18:46
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World Bank Calls Armenia's Economic Model "Exhausted"; Should be More Export-Oriented
Citing a low growth rate, double-digit unemployment, and one-third of the population living under the poverty line, World Bank experts told a Yerevan audience that the new model would target fundamental relations of growth-poverty and would resolve system-wide problems linked to a shrinking and aging labor base and climate change.
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