How would opening the Turkish border impact the Armenian economy?

Рет қаралды 1,981

Күн бұрын

Armenia’s border with Turkey has been closed for more than three decades. So what would happen to the country’s economy if that border was opened?
CivilNet’s Mark Dovich sits down with economists Hrant Mikaelian, from the Yerevan-based Caucasus Institute and Omar Kadkoy, from the Ankara-based Economic Policy Research Foundation, to discuss.
0:00 How would opening the Turkish border impact the Armenian economy?
4:31 The importance of regional development and tourism
7:09 How realistic are fears of a flood of cheap Turkish goods?
11:53 What role could Turkey’s ongoing economic crisis play here?
15:55 Why is Turkey renewing calls for the ‘Zangezur corridor?’
#CivilNet #ՍիվիլՆեթ
- Subscribe to our channel: goo.gl/UnKG5U
- Follow us on Instagram: / civilnet.am
- Follow us on Twitter: / civilnettv
- Follow us on Telegram: t.me/s/civilnetv
- Find us on Facebook: / civilnet.tv
- Check our website: www.civilnet.am/
© Նյութի հեղինակային իրավունքները պատկանում են Սիվիլիթաս հիմնադրամին: ՍիվիլՆեթի խմբագրական քաղաքականության համաձայն` արգելվում է օգտագործել ՍիվիլՆեթի նյութերը առանց պատշաճ հղման, ներբեռնել և այլ օնլայն հարթակից վերբեռնել ՍիվիլՆեթի պատրաստած և տարբերանշանը կրող տեսանյութերը` առանց համապատասխան համաձայնության:
© Copyright of this report belongs to the Civilitas Foundation. In accordance with the editorial policy of CivilNet (the media project of the Civilitas Foundation), materials may not be reproduced, distributed, transmitted, displayed, published or broadcast without the prior consent of CivilNet. You may not alter or remove any trademark, copyright or other notice from copies of the content.

Пікірлер: 17

@CivilNetTV Ай бұрын

Subscribe to our Telegram channel t.me/s/civilnetv

@JosephDukedoms-ub2yz Ай бұрын

"Zangezur corridor" Can not happen.

@bor1339 Ай бұрын

As an engineering company I worked 2 times for Turkish companies, the 2 times I was not paid. My service was delivered on time and was efficient. One of them even asked me to down my price before accepting the mission, still didn’t paid. The conclusion is that I don’t work with turks, unless they pay in advance. 0 commercial ethics.

@Mr-ed5ep Ай бұрын

I want Turkish and Armenian reconciliation politically, socially, with media and everything else...BUT NOT ECONOMICALLY. Turkish products are too cheap and would cause Armenian domestic production to decline and be dependent on Turkey. Getting rid of Russian agreements and buying Iranian oil and gas is more important.

@surfsands Ай бұрын

Economist here. There will be economic and if done carefully political benefits for both countries in opening up economically. If Armenia increases does the economic path of high value services and high value nice manufacturing it could even have a trade surplus in the relationship over time. However there are some cautions to the Armenian side I would like to highlight: i) Security: it's necessary for investments in Armenia over a certain value to be approved for economic and political security reasons. Also be careful not to be dominated by the Turkish economy which could be possible given the size differences. ii) A price equalisation mechanism to balance out prices for Turkish subsidised industries and subsidised exports so not as to negatively impact Armenian producers in these areas. eg Turkish agriculture is subsidised in certain products. Companies and sectors benefitting from Turkish dirigiste also need to be reviewed. iii) Turkey is suffering from macroeconomic instability. This is a periodic long term characteristic of the Turkish economy, Armenia needs to be aware of this. Iv) Turkey has an issue with corrupt business practices which will also require awareness, especially to not import corruption issues. Also opening up needs to fit in with EEU commitments. There is potential for benefit for both sides but caution is advised in the speed and manner of opening up.

@eric6616 Ай бұрын

Armenia's foreign exchange conservatism is unmatched in the region. The Dram is very stable, why would the local government give this up for a theoretical vision that's not appreciated by the general populace? Makes no sense.

@adobo6905 Ай бұрын

The Armenian housing construction market is the biggest chunk of the economic growth engine that keeps the Dram stable. Very soon the real estate bubble will burst and the Dram will take a dive. Many other uncontrolled but predicted risky factors will affect the Dram stability.

@eric6616 Ай бұрын

@@adobo6905 The only bubble in question is the one inside the amateur and very gullible political intelligentsia's mind that leading to such absurd directions as to run to the arms of your nations rapists. You first need to survive as a nation every thing else is a luxury to have.

@AA-yq7qu Ай бұрын

Growth is always important. And no one can grow alone.

@eric6616 Ай бұрын

@@AA-yq7qu not without an nationhood. Artsakh is an example how useless trade is without nationhood.

@User-xxxqwerty Ай бұрын

“Opening” the Western borders of AR is a journey , depending on the diplomatic, and geographical conditions , but definitely a long standing strategy glad it started and hope it evolves to become seed for new Caucasus Union !!

@billtwo7389 Ай бұрын

This is would greatly benefit us, turkish businesses are producing goods that we can use and armenian products and services can reach easier to the turkish market.

@owlmirror178 Ай бұрын

Turkey is not willing to open the border without any preconditions and the greenlight from Baku

@UserUnkown-do1ji Ай бұрын

like Turkish baklava ?