Vardan Aramyan - The Armenian Economy in 2024 | Ep 362 - Sep 13, 2024

Chapters

1. 00:00 Intro to show with Mr. Vardan Aramyan, former Minister of Finance of Armenia
2. 00:33 How is Armenia managing its inflation?
3. 01:41 Consumer sentiment
4. 02:32 Consumer bias: Which consumers are affected how
5. 03:17 Type of growth in the economy, is it inclusive growth?
6. 04:21 Managing expectations
7. 07:02 The gray part of society
8. 11:27 Managing expectations vs consumption - discrepancies arise
9. 12:10 Has consumer debt increased since 2018?
10. 14:02 Factors contributing to dramatic increase in consumer debt
11. 17:36 The factors deteriorating the consumer balance sheet
12. 18:14 What are the key factors that influence Armenia's economy?
13. 18:59 Influece of exchange rate on inflationary environment
14. 19:35 Policy weaknesses in CBA approach
15. 20:33 Monetary policy
16. 21:03 Is current 7.75% Refinance rate optimal for economic growth in Armenia?
17. 25:05 Does the CBA manipulate the Dram exchange rate?
18. 26:21 Why is price stability the goal of central banks?
19. 31:22 Why is the interest rate markup charged by banks to consumers so high, and should it be more regulated?
20. 35:55 Decrease in remittances to Armenia, and the appreciation of the Dram currency
21. 39:26 After blocking Mir payment system did some of the remittances go to cash?
22. 40:40 How do migrant worker dynamics affect the flow of money in and out of Armenia?
23. 44:54 Is there a labor shortage in Armenia, and what can it be attributed to?
24. 46:58 Are remittances predictable, manageable, or should Armenia find ways to not rely on them?
25. 51:00 What can the economic slowdown be attributed to?
26. 54:59 Are these re-exports sanction busting methodologies?
27. 55:41 Europe buying Russian gas rebranded as Azerbaijani gas
28. 56:40 On the rosy re-export numbers covering up real ecnoomic weaknesses
29. 59:26 Why is the government missing its marks in projecting both revenues and expenditures?
30. 59:47 On the revenue side
31. 1:01:17 The expenditure side
32. 1:02:15 What is the "reserve fund" the minister of finance referred to?
33. 1:04:11 Assessing Armenia's national debt
34. 1:12:33 About Mr. Vardan Aramyan