РОССИЙСКО-АРМЯНСКИЙ УНИВЕРСИТЕТ

06 Nov
2026

RAU Discusses the Prospects of Small Open Economies Amid Global Economic Fragmentation

The roundtable concluded with recommendations on improving coordination between fiscal and monetary policy.

On November 5, the Russian-Armenian University hosted an international roundtable on the challenges and opportunities facing small open economies amid global economic fragmentation. The event was held as part of an RAU Development Programme research project focused on modernizing Armenia’s macroeconomic regulation system.

RAU Rector Professor Edward Sandoyan delivered the opening remarks, while the discussion was moderated by Irina Petrosyan, Head of the RAU Department of Economic Theory and Transition Economy Studies. The keynote presentation was delivered by Mikhail Golovnin, Director of the Institute of Economics of the Russian Academy of Sciences, who analyzed current trends in global economic fragmentation. RAU researchers also presented their findings on Armenia’s economic policy, macroeconomic resilience, monetary policy, financial constraints, foreign trade, and economic security.

The roundtable concluded with recommendations on improving coordination between fiscal and monetary policy.