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 This issue of TPQ comes at a time when relations between Turkey and the EU are at a historical low point. The sources of tension are manifold, and have been compounded by a constellation of transformations in Turkey, Europe, and the international system. The global upswing in far-right populist movements, isolationism, the conflict in Syria and its humanitarian crisis, and the threat of ISIS have...
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