Realizing Armenia's High-Tech Potential

Armenia's economy is heavily reliant on domestic demand, which is itself driven by remittances that support local construction and consumption. Armenia will need to shift to an export led strategy if it is to move from middle income to high-income status. Because Armenia is a landlocked country...

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Main Author: World Bank
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/855171575909144517/Realizing-Armenias-High-Tech-Potential
http://hdl.handle.net/10986/33027
id okr-10986-33027
recordtype oai_dc
spelling okr-10986-330272021-06-14T09:57:01Z Realizing Armenia's High-Tech Potential World Bank INFORMATION AND COMMUNICATION TECHNOLOGY GLOBAL VALUE CHAIN DIGITAL TECHNOLOGY EXPORT COMPETITIVENESS TECHNOLOGY ADOPTION SERVICES TRADE Armenia's economy is heavily reliant on domestic demand, which is itself driven by remittances that support local construction and consumption. Armenia will need to shift to an export led strategy if it is to move from middle income to high-income status. Because Armenia is a landlocked country with comparatively high trading costs in physical goods, high-tech digital exports will continue to be key to Armenia's growth. This report seeks to identify strategic opportunities for Armenia’s private sector in high-tech global value chains (GVCs) and also highlights reforms that could support Armenia’s evolution. The study builds on the FY18 Armenia Systematic Country Diagnostic, which identifies value-chain development as a core building block for sectoral growth. Although the report is targeted at policy makers in the Armenian government, sectoral development strategies rely heavily on strong private sector engagement and open public-private dialogue. Armenia's tech community may therefore also take interest in this analysis. 2019-12-17T15:52:11Z 2019-12-17T15:52:11Z 2020-01 Report http://documents.worldbank.org/curated/en/855171575909144517/Realizing-Armenias-High-Tech-Potential http://hdl.handle.net/10986/33027 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: General Economy, Macroeconomics and Growth Study Europe and Central Asia Armenia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic INFORMATION AND COMMUNICATION TECHNOLOGY
GLOBAL VALUE CHAIN
DIGITAL TECHNOLOGY
EXPORT COMPETITIVENESS
TECHNOLOGY ADOPTION
SERVICES TRADE
spellingShingle INFORMATION AND COMMUNICATION TECHNOLOGY
GLOBAL VALUE CHAIN
DIGITAL TECHNOLOGY
EXPORT COMPETITIVENESS
TECHNOLOGY ADOPTION
SERVICES TRADE
World Bank
Realizing Armenia's High-Tech Potential
geographic_facet Europe and Central Asia
Armenia
description Armenia's economy is heavily reliant on domestic demand, which is itself driven by remittances that support local construction and consumption. Armenia will need to shift to an export led strategy if it is to move from middle income to high-income status. Because Armenia is a landlocked country with comparatively high trading costs in physical goods, high-tech digital exports will continue to be key to Armenia's growth. This report seeks to identify strategic opportunities for Armenia’s private sector in high-tech global value chains (GVCs) and also highlights reforms that could support Armenia’s evolution. The study builds on the FY18 Armenia Systematic Country Diagnostic, which identifies value-chain development as a core building block for sectoral growth. Although the report is targeted at policy makers in the Armenian government, sectoral development strategies rely heavily on strong private sector engagement and open public-private dialogue. Armenia's tech community may therefore also take interest in this analysis.
format Report
author World Bank
author_facet World Bank
author_sort World Bank
title Realizing Armenia's High-Tech Potential
title_short Realizing Armenia's High-Tech Potential
title_full Realizing Armenia's High-Tech Potential
title_fullStr Realizing Armenia's High-Tech Potential
title_full_unstemmed Realizing Armenia's High-Tech Potential
title_sort realizing armenia's high-tech potential
publisher World Bank, Washington, DC
publishDate 2019
url http://documents.worldbank.org/curated/en/855171575909144517/Realizing-Armenias-High-Tech-Potential
http://hdl.handle.net/10986/33027
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