IDA - Armenia

IDA at Work: Armenia - Reaping the Benefits of Steady Reforms

Over the past two decades since the collapse of the Soviet Union, Armenia’s economic transformation has been profound. The economy today is market-oriented, and highly receptive to trade, capital and technological innovation.

Download 10-page brief:
Laying the Foundations for Sustainable Development—In Good Times and Bad - PDF, July 2009

Q & A with Vahram Nercissiantz, Chief Economic Advisor to the President of Armenia : “In the early years of transition, we concentrated on reviving production, dictated by Armenia’s comparative advantage. Armenia has done quite well on that front, but once you produce, you have to distribute the fruits of this production in a just way.” Read More

What is IDA? The International Development Association (IDA) is the part of the World Bank which provides interest-free credits and grants to the world's poorest countries. Learn More

Map: Explore Armenia

Slideshow: Sustaining Reforms
Slideshow: Caucasian Tiger photo

Project Profiles:
- Dam Project Improves Livelihoods and Security

- Social Investment Fund Targets Poorest, Most Isolated Armenians.

- More Reliable Water for Armenia's Capital and Municipalities.

- Securing Property Rights in Armenia.

- Easing Armenia's Transition to a Market Economy.

- Supporting Investment in the New Armenia.

More on Armenia:
- Data and Statistics
- "From Crisis to Stability in the Armenian Power Sector" - 02/06
- World Bank in Armenia
- Contact Us