At the invitation of the Department of Global Economy, Faculty of World Economy and World Politics at HSE University, head of the Department of Economics and Finance at Russian-Armenian University Mariam Voskanyan participated in the XI Annual Conference on Global Economy 'Re-balancing of the Global Economy: in Search of New Models for Global Development'. The conference took place in Moscow on November 29-30.

 

This year, the key topics of the event were inflation, restructuring of trade flows, implementation of sustainable development goals and economic growth in Asia. Head of the Department of Economics and Finance at RAU Mariam Voskanyan addressed the participants about the need for regulating investment policy and improving the investment environment in Armenia. She delivered a presentation titled 'Assessment of Investments by Russian Companies in the Armenian Economy: Risks and Benefits'.

 

‘Currently, investments by Russian companies in the Armenian economy tend to be short-term and sporadic. There is a lack of consistency and direction in the incoming investments in sectors of the economy that could ensure high rates of economic growth. An appropriate investment policy is necessary. This is the issue which our further research will be dedicated to,’ - Mariam Voskanyan highlighted.

 

It should be noted that the XI Annual Conference on Global Economy featured discussions across four sessions: 'Between Inflation, financial instability, and debt: the nature of economic growth in the post-crisis world,' 'The great reconfiguration: how is the geography of trade and investment flows changing?,' 'Lost illusions: in search of new approaches to sustainable development,' and 'Movement along the development ladder: how is the Asian economy changing?'

 

 

 

Translated by Karina Bojukyan,
I year Master’s Student in Translation & Interpretation, RAU