Political economy of «velvet revolution»: features and lessons

Authors

  • Tatul N. Manaseryan Yerevan State University, 1 Alex Manukyan Street, Yerevan 0025, Armenia

Keywords:

«velvet revolution», economic transformations, personnel policy, tax system, accumulative pension system, revolution lessons

Abstract

The article discusses the economic aspects of the «velvet revolution» in Armenia. Based on an analysis of the main trends in the economy, society and politics, an attempt is made to identify the main features of the revolution, emphasizing its local, regional and possible international importance. Attention is paid to the social and economic causes of the revolution, as well as national peculiarities of the implementation of the idea of changing power exclusively by peaceful means. Based on the way the new authorities declare, the main achievements in the field of economics and social security after the political events in April – May 2018 are presented. Also, the main omissions that take place in the country, in particular, in the area of personnel policy, factors negatively influencing the formation of a favorable investment environment and other obstacles to development are emphasized. Taking into account the peculiarities, achievements and omissions, the lessons of the «velvet revolution» are presented for both Armenia and other countries.

Author Biography

  • Tatul N. Manaseryan, Yerevan State University, 1 Alex Manukyan Street, Yerevan 0025, Armenia

    doctor of science (economics), full professor; professor at the department of economics and international economic relations, faculty of economics and management

References

  1. Tamazyan KR, Dzhangiryan AE. Funded pension system of Armenia: history of formation. Financial Journal [Internet]. 2018 [cited 2019 May 10];4:53–61. Available from: https://www.nifi.ru/images/FILES/Journal/Archive/2018/4/statii_4/05_fm_2018_4.pdf. DOI: 10.31107/2075-1990-2018-4-53-61. Russian.

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Published

2019-10-01

Issue

No. 3 (2019): Journal of the Belarusian State University. Sociology

Section

To Know so that to Foresee...

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How to Cite

[1]
Manaseryan, T.N. 2019. Political economy of «velvet revolution»: features and lessons. Journal of the Belarusian State University. Sociology. 3 (Oct. 2019), 10–16.