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1 August 2016
Starting a business in Armenia in the late 2000s was a complicated process. Businessmen needed to go through a seven- to nine-step process that would take about 14 to 19 days to finish. It was no surprise that in terms of ease of doing business, Armenia ranked 82nd out of 125 countries in the…
1 January 2016
Armenia, a small landlocked country in the Caucasus, requested its development partners for assistance in maintaining its extensive yet underfunded road and water network. The Asian Development Bank (ADB) is the only partner that responded to this call.
The challenge was to institutionalize…
1 May 2015
The primary purpose of taxes is to raise revenue to finance government expenditure on public goods and services, including welfare, that markets would not likely deliver. If government is—on balance—a very positive force in society, then so are taxes: they are obligations we must deliver to enjoy…