Javakheti (Javakhk): Real History
For the first time region Javakheti (often refered as Javakhk by ethnic Armenians) is mentioned in the historical source about Georgian king Parnavaz, where it is said that Javakheti (Javakhk) is administrative entity of Kartli kingdom that has its own ruler Eristavi (Georgian: ერისთავი) meaning Head of a Nation. In the I century BC Greek [...]
Foreign Direct Investment in Armenia: A Sad Story
Although Armenians have large and rich diaspora in the world, foreign direct investment (FDI) has been historically low in Armenia. Although FDI growth rates remain high, Armenia still lies behind the countries in the region. To illustrate, FDI inflows in Armenia in 2006 were 450 US dollars, while foreigners invested around 1 billion dollars in [...]