Wednesday, April 11, 2012

CFP: Armenian Economic Association 2012 Conference

The Armenian Economic Association 2012 meetings will be jointly hosted by Yerevan State University and the American University of Armenia on October 13-14, 2012.

Scholars, graduate students, and researchers are invited to present their research in all areas of economics. Papers may address the Financial Crisis, well being in the Caucasus, regional trade patterns, or any other topic in economics. Both theoretical and empirical works are welcome. The language of the conference is Armenian and English, and sessions will be organized by language and field.

Abstracts should be less than 500 words and include: title of paper, name(s) of author(s), affiliation, current position, an email address, and at least one keyword. In the abstract, please identify the research question, methods, and outcomes (obtained or expected) of the research. Deadline for abstract submissions is June 30th, and the deadline for final papers is September 15th, 2012.

For submissions and conference information, visit
Direct link for abstract submissions here.
Contact: annual2012 [at]

Tuesday, April 10, 2012

Paper on implications of free trade agreements

A recent paper by Jesper Jensen and David G. Tarr, entitled "Deep Trade Policy Options for Armenia: The Importance of Trade Facilitation, Services and Standards Liberalization" addresses the implication of free trade agreements for Armenia. They conclude that significant gains can result from deep trade agreements, and a small loss if agreements are limited to tariff liberalization.

The abstract is reported below and the complete paper can be accessed at

In this paper the authors develop an innovative 21 sector computable general equilibrium model of Armenia to assess the impact on Armenia of a Deep and Comprehensive Free Trade Agreement (DCFTA) with the EU, as well as further regional or multilateral trade policy commitments. They find that a DCFTA with the EU will likely result in substantial gains to Armenia, but they show that the gains derive from the deep aspects of the agreement. In order of importance, the sources of the gains are: (i) trade facilitation and reduction in border costs; (ii) services liberalization; and (iii) standards harmonization. A shallow agreement with the EU that focuses only on preferential tariff liberalization in goods will likely lead to small losses to Armenia primarily due to a loss of productivity from lost varieties of technologies from the Rest of the World region in manufactured products. Additional gains can be expected in the long run from an improvement in the investment climate. The authors estimate only small gains from a services agreement with the CIS countries, but significant gains from expanding services liberalization multilaterally.

Sunday, April 08, 2012

A Blessed Easter

Christ is risen from the dead. Blessed is the resurrection of Christ.

Քրիստոս յարեաւ ի մեռելոց՜ Օրհնեալ է Յարութիւնն Քրիստոսի՜
Kristos haryav ee merelots. Orhnial e Harutiunn Kristosi.