Impact of Foreign direct investment on Export: Case of Armenia
Proceeding


- Published in:
- International Scientific and Practical Conference «Scientific studies and modern education»
- Authors:
- Sargsyan L. N. 1 , Grigorian D. O. 1
- Work direction:
- Экономика (экономическая теория, финансы, бухгалтерский учет, статистика и др.)
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- 2091
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- eLibrary.ru
1 M. Kotanyan Institute of Economics National Academy of Science of Armenia
- APA
For citation:
Sargsyan L. N., & Grigorian D. O. (2017). Impact of Foreign direct investment on Export: Case of Armenia. Scientific studies and modern education, 288-293. Cheboksary: SCC "Interactive plus", LLC.
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Abstract
According to the authors, foreign direct investments have a significant role in the economic development of each country. The analysis revealed that 34.3% change in export growth in Armenia and 13.7% in the world is conducted by FDI growth. This fact shows that Armenian export is more related to the FDI changes. Therefore, unlike global data, FDI growth in RA leads to decrease of export growth. This should be a signal for RA Government to implement a more effective policy for attracting foreign investments, leading the investors to the sectors, which have a comparative or competitive advantages in the foreign market.
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References
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