ՀՀ հանքարդյունաբերության ոլորտի տնտեսական գնահատականը/Economic Evaluation of the Mining Sector in RA

Abstract

The aim of the article is to evaluate the macroeconomic indicators affecting the mining sector in the republic, as well as the development potential and opportunities of that sector. The problems caused in the mining sector are systemic (environmental, public health protection). Besides, the assessment of the economic mechanisms of the sector requires active cooperation of the state and society. Mineral resources play an extremely important role in the development of the economy of any country, finding application in various branches of the economy. Currently, no matter how much effort is directed towards the identification of renewable energy sources and energy saving, secondary use of resources, expansion of waste processing facilities and increase of technological efficiency, on the other hand, issues related to environmental protection continue to be raised on various platforms. The assessment between mining output, import, export and exchange rate showed that the development potential of this sector has a positive effect on foreign trade, regardless of exchange rate fluctuations.