Armenia

Located in southwestern Asia, between Turkey and Azerbaijan, the Middle Eastern nation of Armenia, which is also bordered by Georgia and Iran, has a long history. In the early 4th century, Armenia became the first nation in the world to adopt Christianity. Armenia’s history has also been marked by foreign occupation and territorial and ethnic battles with its neighbors. Armenia was part of the Soviet Union until its dissolution in 1991. In 2013, Armenia joined the Eurasian Economic Union, which also includes Russia, Belarus, and Kazakhstan. Armenia entered the 21st century with economic growth in the double digits, but the global recession of 2009 caused growth to fall by 14 percent. The situation was made worse by the devastation of the construction sector and a ...

  • Loading...
locked icon

Sign in to access this content

Get a 30 day FREE TRIAL

  • Watch videos from a variety of sources bringing classroom topics to life
  • Read modern, diverse business cases
  • Explore hundreds of books and reference titles