ISSN 1829-4618

CIVILIZATION, POLITICAL INSTITUTIONS AND ECONOMIC DEVELOPMENT

By: Yuri Suvaryan, Academician-Secretary of the Department of Armenology and Social Sciences, NAS RA

The factors that determine economic development are various and numerous, but in detailed analyzes the importance of political institutions has been used to a lesser extent. Among the factors of economic growth human resources, finances, new technologies, their quantitative and qualitative characteristics were considered essential, while in-depth historical-logical research substantiates that the basis of all this is the level of civilization of the country and the maturity of political institutions, having been conditioned by that factor.

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