Entrepreneurship in Armenia

Entrepreneurship in Armenia

Autor(en): Hrant Mikaelian
Herausgeber: Jeronim Perovic, Lili Di Puppo, Iris Kempe, Heiko Pleines, Matthias Neumann, Robert Orttung
Serie: Caucasus Analytical Digest (CAD)
Ausgabe: 45
Seiten: 9-14
Verlag(e): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen; Institute for European, Russian and Eurasian Studies, George Washington University
Publikationsjahr: 2012

The Armenian economy is mostly private and is characterized by a strong big business sector. But despite common perceptions, the share of small and medium-sized enterprises in the economy is growing. Key obstacles for Armenia’s small businesses are corruption, lack of protection for investments and property, and the complexity of the tax administration.