Armenian and Foreign Economists Cooperate

YEREVAN (Armenpress)–The Academy for Educational Development (AED)–a USAID-funded organization–has conducted 11 research projects as part of its retraining program in the area of applied economic studies. The project’s goals are to improve the skills of Armenian economists in carrying out applied economics research that complies with international standards–and to help them establish contacts with counterparts abroad.

During the course of the project–Armenian specialists conducted studies on Armenia’s macro and microeconomics under the guidance of David Camman from Memphis University (US)–Jaffrey Miller from Delaware University (US)–and Yatsek Tsukrovski from Bialistok University (Poland). The research papers contain information on Armenia’s present financial situation and development prospects. The project results were summarized at a three-day seminar on Applied Economics Studies–providing its authors an opportunity to present the methodology and models used in their research.

According to Miller–some of these studies are worthy of international economists’ attention–commenting that–"At first glance–they seem to have no relation to the current economic policy–but in reviewing their feasibility from the angle of future perspective–you come to see that they can be of major significance for Armenian economic policy."

AED expert K. Garaseferian–said that one of the most important achievemen’s of the project is that long-term relations between Armenian and foreign economists have been established. The research papers are being sent to foreign journals.

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