000			02088cam a22003134a 4500
001			29268
003			The World Bank
005			20181114101109.0
006			m d
007			cr cn|||||||||
008			020129s2017 dcu o i00 0 eng
024	8		_a10.1596/29268
035			_a(The World Bank)29268
110	2		_aWorld Bank Group.
245	1	0	_aArmenia Country Economic Update, Fall/Winter 2017-18 _h[electronic resource] : _bA Window of Opportunity to Tackle Challenging Reforms.
260			_aWashington, D.C. : _bThe World Bank, _c2017.
490	1		_aEconomic Updates and Modeling
520	3		_aThe World Bank expects the Armenian economy to grow about 4 percent in 2017 with a modest but sustained recovery envisaged over the medium term. After stagnating in 2016, the economy showed renewed and greater-than-expected strength in the first half of 2017, which has continued into the third quarter but at a moderated pace. Higher gross domestic product (GDP), along with improvements in tax administration, have contributed to an improvement in tax collection, which has permitted some loosening of the earlier compression of capital expenditures. Having exceeded the fiscal rule's lower debt-to-GDP threshold (50 percent), the deficit has been constrained to below 3 percent of GDP this year. This issue of the Armenia country economic update includes a special section on population, migration, and growth. It highlights the extent to which net out migration has driven Armenia's population dynamics, how it may affect longer term growth, and the types of policies that can stem the outflow of Armenia's best and brightest young people.
650		4	_aEconomic Forecasting
650		4	_aEconomic Growth
650		4	_aFiscal and Monetary Policy
650		4	_aLabor Markets
650		4	_aMacroeconomics and Economic Growth
650		4	_aPoverty Reduction
650		4	_aSocial Protections and Labor
710	2		_aWorld Bank Group.
830		0	_aEconomic Updates and Modeling.
830		0	_aWorld Bank e-Library.
856	4	0	_uhttp://elibrary.worldbank.org/doi/book/10.1596/29268
999			_c32221 _d32221