tag:blogger.com,1999:blog-32480522.post3301827278661705341..comments2021-10-03T18:55:34.018+04:00Comments on The Armenian Economist: Interest rate hikes and pricesUnknownnoreply@blogger.comBlogger4125tag:blogger.com,1999:blog-32480522.post-68036772320647123862008-03-18T05:46:00.000+04:002008-03-18T05:46:00.000+04:00I only looked at Kenya's exchange rate where the c...I only looked at Kenya's exchange rate where the currency had dropped by some 15 percent within a month of the late December elections. I have not looked at Georgia's national (central) bank web site yet.<BR/>If the government and the rest of the opposition get their act together and work out a compromise, actually things can realy turn around. This will take more than a prayer!Davidhttps://www.blogger.com/profile/04474406562617719849noreply@blogger.comtag:blogger.com,1999:blog-32480522.post-90157024171936608612008-03-14T18:40:00.000+04:002008-03-14T18:40:00.000+04:00It is pointless to compare Armenia with Azerbaijan...It is pointless to compare Armenia with Azerbaijan because of that country's unique energy situation. Its like comparing Lebanon with the U.A.E.<BR/><BR/>Comparison's are more useful with Georgia, Ukraine, Albania, etc. i.e. former communist countries with limited natural resources.<BR/><BR/>David, did the turmoil surrounding Georgia's election last fall have an impact on that country's growth and exchange rate?Richardhttps://www.blogger.com/profile/00926071911396827610noreply@blogger.comtag:blogger.com,1999:blog-32480522.post-7425191204686959462008-03-14T07:28:00.000+04:002008-03-14T07:28:00.000+04:00Few weeks ago I would've said the Economist was wr...Few weeks ago I would've said the Economist was wrong, as was everyone else over the past five years. With the events following the elections in February, I would be surprised if the economy grows at all.<BR/>As for Azerbaijan, and reflecting upon the recent spike in oil prices, I think its economy will grow faster than the prediction by the Economist.Davidhttps://www.blogger.com/profile/04474406562617719849noreply@blogger.comtag:blogger.com,1999:blog-32480522.post-16001570756425641672008-03-14T04:59:00.000+04:002008-03-14T04:59:00.000+04:00"It is true that the economy has been growing at d..."It is true that the economy has been growing at double digit rates for the past five years, and this may have led to further expectations of growth..."<BR/><BR/>Actually, according to the Economist, the growth in Armenia is expected to decline from its recent 13 percent to 8 percent. Azerbaijan, on the other hand, is expected to have close to 17 percent GDP growth - the second largest growing economy in the world in 2008. I thought it was an interesting fact to mention. And also add that I am very extremely happy to have found this blog.Nikahttps://www.blogger.com/profile/06000626789274813701noreply@blogger.com