The Small and Medium Size Enterprises and the Middle Class Evidence of the Republic of Armenia
Journal Global Policy and Governance
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Title |
The Small and Medium Size Enterprises and the Middle Class Evidence of the Republic of Armenia
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Creator |
Davoyan, Lidia
Davoyan, Vahan |
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Subject |
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Small and medium enterprises (SME); Middle class; GDP per capita; Poverty and inequality; GINI Index; Gross national savings; Economic growth I30 - D30 - E200 |
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Description |
This paper analyzes the importance of small and medium enterprises (SME) development in the context of middle class enlargement in the Republic of Armenia (RA). The paper first describes the relationship between the relative size of the SME sector and the living standards by country groups classified by the income-based criterion of the World Bank. We then show that the shares of middle class and SMEs increase as countries grow richer and societies less unequal. We also found that despite some improvements in SMEs in RA for the last years its size remains still insignificant and the impediments restricted the future development of the sector are specified.
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Publisher |
Journal Global Policy and Governance
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Contributor |
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Date |
2016-06-24
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://transitionacademiapress.org/jgpg/article/view/126
10.14666/2194-7759-5-1-004 |
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Source |
Journal Global Policy and Governance; Vol 5, No 1 (2016); 31-36
2194-7759 2194-7740 |
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Language |
eng
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Relation |
http://transitionacademiapress.org/jgpg/article/view/126/81
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Coverage |
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Rights |
Copyright (c) 2016 Journal Global Policy and Governance
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