Research – Eurasian Development Bank

April 2019. Republic of Armenia: trends and forecasts

For the second consecutive year, Armenia remains the fastest-growing EAEU economy. In 2018, it grew by 5.2% after 7.5% the year before. The main factors behind the slowdown in its economic activity were the more moderate growth of household consumption than in 2017 and a decline of consumpti...

Eurasian Economic Integration – 2019

The report presents the insights into evolution of Eurasian economic integration as at the end of 2018. It offers information on essential features of trade and economic interactions among the Eurasian Economic Union (EAEU) member states and between the EAEU and third countries, and on the most sign...

Status of cluster development in EDB

Back in the late 19th century Alfred Marshall noted that proximately located enterprises form ‘industrial districts’ where communication among workers becomes more intense, which leads to quicker spread of new ideas, improvement of production processes, and closer social ties. A century later, growi...