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Assessment of Territorial Disparities in the Context of SocioEconomic Development of the Country։ The Case Study of Armenia

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  • Hovhannes MELKUMYAN

    (Public Administration Academy, Yerevan, Republic of Armenia)

Abstract

Territorial inequality is a serious obstacle to the socio-economic development of any country. Therefore, to reduce poverty, unemployment, and improve the well-being of the population, not only the intensification of economic activity in the country is needed, but also the provision of its territorial inclusion. However, as natural and scientifically explicable these causes are, their consequences are undesirable, exacerbating tensions in all spheres of public life and giving rise to instability, crises, unemployment and poverty. At the same time, the deepening of territorial disparities is even more worrying in developing countries and countries with economies in transition, where disproportionate territorial economic development, in the absence of funding, also leads to social stratification. The article discusses the territorial disparities of the Republic of Armenia in the context of socio-economic development. In order to reveal the existing asymmetries between the capital Yerevan and other regions, we have developed a system of socio-economic indicators, on the basis of which sectoral indices have been calculated for the whole country, as well as for its separate regions. Then, the mentioned system of indicators was used for cluster analysis by regions, as a result of which they were classified into 4 main groups.

Suggested Citation

  • Hovhannes MELKUMYAN, 2021. "Assessment of Territorial Disparities in the Context of SocioEconomic Development of the Country։ The Case Study of Armenia," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 22(5), pages 670-689, December.
  • Handle: RePEc:rom:rmcimn:v:22:y:2021:i:5:p:670-689
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    More about this item

    Keywords

    Regions; regional development; territorial disparities; socio-economic indicators; regional development index; sectoral indices; cluster analysis; Armenia;
    All these keywords.

    JEL classification:

    • R1 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics
    • C38 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Classification Methdos; Cluster Analysis; Principal Components; Factor Analysis
    • I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being

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