The Transition — Where Are We? Experience and Lessons from Armenia
I would like to start by extending my gratitude to the organizers of this important event — the Oesterreichische Nationalbank and the Joint Vienna Institute. Having the latter among the organizers this year is particularly pleasing to me, as I had a great learning experience at the JVI some four to five years ago, at a time when some of the course participants at the Institute feared decreased demand for their newly acquired skills, as transition might be over before they were back home!
KeywordsExchange Rate Foreign Direct Investment International Monetary Fund Real Exchange Rate Gini Coefficient
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