Independent and cutting-edge analysis on Turkey and its neighborhood

The Armenian economy had already been hit hard by the Russian Georgian war in August 2008 when the global financial crisis developed. Despite being protected by a strong banking system, the country experienced significant economic downturn. One of the reasons for this was the drop of remittances from Russia. This article describes these dynamics while also analyzing the government bailout program and investment plans.

CONTRIBUTOR
Samvel Avagyan
Samvel Avagyan
From the Desk of the Editor Since the founding of the Turkish Republic, competing conceptions of Turkish identity have existed. Among many examples, the role of Islam has been contested, Kurdish and Turkish nationalisms have clashed, and various identity-based movements have ebbed and flowed, shaping political cleavages. National identity contestation has also spilled over into Turkey’s relationship with its Western...
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