Gohar Minasyan's Books

Avoiding the New Mediocre

Raising Long-Term Growth in the Middle East and Central Asia

By: Ms.Pritha Mitra,Amr Hosny,Gohar Minasyan,Mr.Mark Fischer,Gohar Abajyan

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Avoiding the New Mediocre

Raising Long-Term Growth in the Middle East and Central Asia

By: Ms.Pritha Mitra,Amr Hosny,Gohar Minasyan,Mr.Mark Fischer,Gohar Abajyan

Raising the Middle East and Central Asia’s long-term growth prospects is critical for meeting the region's pressing need for jobs and higher living standards.

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International Monetary Fund

Published Date

ISBN 10

1513572717

ISBN 13

9781513572710

The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries

By: Ara Stepanyan,Agustin Roitman,Gohar Minasyan,Ms.Dragana Ostojic,Mr.Natan P. Epstein

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The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries

By: Ara Stepanyan,Agustin Roitman,Gohar Minasyan,Ms.Dragana Ostojic,Mr.Natan P. Epstein

In the face of sharply lower oil prices and geopolitical tensions and sanctions, economic activity in Russia decelerated in late 2014, resulting in negative spillovers on Commonwealth of Independent States (CIS) and, to a lesser extent, on Baltic countries. The spillovers to eastern Europe have been limited. The degree of impact is commensurate with the level of these countries’ trade, remittances, and foreign direct investment (FDI) links with Russia. So far, policy action by the affected countries has focused on mitigating the immediate consequences of spillovers.

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International Monetary Fund

Published Date

ISBN 10

1475541562

ISBN 13

9781475541564

Cancellation of Public Holiday in Denmark

By: Gohar Minasyan

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Cancellation of Public Holiday in Denmark

By: Gohar Minasyan

Denmark cancelled a public holiday to increase labor supply, GDP, and fiscal revenues. This chapter discusses the expected labor supply impact of this change and compares it to alternative options for increasing labor supply.

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International Monetary Fund

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ISBN 13

9798400252259

Inflation Dynamics in the Western Balkans

By: Gohar Minasyan,Ezgi O. Ozturk,Magali Pinat,Mengxue Wang,Zeju Zhu

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Inflation Dynamics in the Western Balkans

By: Gohar Minasyan,Ezgi O. Ozturk,Magali Pinat,Mengxue Wang,Zeju Zhu

After trailing Euro Area inflation closely in the recent past, inflation in the Western Balkans has accelerated faster since early 2022 on the back of the shocks to global commodity prices, strong recovery from the pandemic, and lingering supply bottlenecks. This paper employs two complementary empirical approaches of an augmented Phillips curve and structural VAR, adapting them to the data availability and country specificities of the Western Balkans, to analyze the inflation dynamics in the region. It finds that international food prices affect not only headline but also core inflation as well as inflation expectations. Further, inflation in the Western Balkans is not just determined by foreign shocks, and domestic factors, aggregate demand shocks in particular, have a significant impact on inflation. These findings imply a possible role for policies to temporarily limit an immediate and complete pass-through of international to domestic food prices while also stressing the importance of an appropriate domestic macroeconomic policy mix to keep inflation expectations anchored and safeguard credibility in the face of high inflation persistence.

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International Monetary Fund

Published Date

ISBN 13

9798400235184

The Last Fish Swimming

The Global Crime of Illegal Fishing

By: Gohar A. Petrossian

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The Last Fish Swimming

The Global Crime of Illegal Fishing

By: Gohar A. Petrossian

This book examines the global, local, and specific environmental factors that facilitate illegal fishing and proposes effective ways to reduce the opportunities and incentives that threaten the existence of the world's fish. Humans are deeply dependent on fishing—globally, fish comprise 15 percent of the protein intake for approximately 3 billion people, and 8 percent of the global population depends on the fishing industry as their livelihood. The global fishing industry is plagued by illegal fishing, however, and many highly commercial species, such as cod, tuna, orange roughy, and swordfish, are extremely vulnerable. Through criminological analysis, The Last Fish Swimming emphasizes the importance of looking at specific environmental factors that make illegal fishing possible. It examines such factors as proximity to known ports where illegally caught fish can be landed without inspection (i.e., ports of convenience), fisheries monitoring, control and surveillance efforts, formal surveillance, and resource attractiveness in 53 countries that altogether represent 96 percent of the world's fish catch. The book calls upon the global community to address the illegal depletion of the world's fish stock and other similar threats to the world's food supply and natural environment in order to ensure the sustainability of the planet's fish and continuation of the legal fishing industry for generations to come.

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Page Count

201

Publisher

Bloomsbury Publishing USA

Published Date

ISBN 10

1440830428

ISBN 13

9781440830426

Estimating Potential Growth in the Middle East and Central Asia

By: Ms.Pritha Mitra,Amr Hosny,Gohar Abajyan,Mr.Mark Fischer

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Estimating Potential Growth in the Middle East and Central Asia

By: Ms.Pritha Mitra,Amr Hosny,Gohar Abajyan,Mr.Mark Fischer

The Middle East and Central Asia’s economic growth potential is slowing faster than in other emerging and developing regions, dampening hopes for reducing persistent unemployment and improving the region’s generally low living standards. Why? And is it possible to alter this course? This paper addresses these questions by estimating potential growth, examining its supply-side drivers, and assessing which of them could be most effective in raising potential growth. The analysis reveals that the region’s potential growth is expected to slow by 3⁄4 of a percentage point more than the EMDC average over the next five years. The reasons behind this slowdown differ across the region. Lower productivity growth drives the slowdown in the Caucasus and Central Asia and is also weighing on growth across the Middle East (MENAP); while a lower labor contribution to potential growth is the main driver in MENAP. Moving forward, given some natural constraints on labor, total factor productivity growth is key to unlocking the region’s higher growth potential. For oil importers, raising physical capital accumulation through greater investment will also play an important role.

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International Monetary Fund

Published Date

ISBN 10

1475545444

ISBN 13

9781475545449

Inflation Dynamics in the Western Balkans

By: Gohar Minasyan,Ezgi O. Ozturk,Magali Pinat,Mengxue Wang,Zeju Zhu

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Inflation Dynamics in the Western Balkans

By: Gohar Minasyan,Ezgi O. Ozturk,Magali Pinat,Mengxue Wang,Zeju Zhu

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Publisher

International Monetary Fund

Published Date

ISBN 13

9798400235184

Book's by Gohar Minasyan

Avoiding the New Mediocre

Avoiding the New Mediocre

The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries

The Spillover Effects of Russia’s Economic Slowdown on Neighboring Countries

Cancellation of Public Holiday in Denmark

Cancellation of Public Holiday in Denmark

Inflation Dynamics in the Western Balkans

Inflation Dynamics in the Western Balkans

The Last Fish Swimming

The Last Fish Swimming

Estimating Potential Growth in the Middle East and Central Asia

Estimating Potential Growth in the Middle East and Central Asia

Inflation Dynamics in the Western Balkans

Inflation Dynamics in the Western Balkans

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