MEXICO’S HISTORICAL EVENTS AND CAUSE-EFFECT CONNECTIONS WITH THE ECONOMY: PARALLELS WITH ARMENIA

DOI 10.54151/27382559-23.1pa-67

Dallaqyan S. A., Nalbandyan H. R.

Keywords: economic growth, Solow economic growth model, post-revolutionary period, institutions, political-economic approach.

The article presents the changes that the loss of territories, the civil war, and the endless power struggle brought took place in Armenia for more than 20 years. Therefore, the article analyzes those events, which in one way or another have many similarities with the modern history of Armenia, based on which some comparisons have been made. The article elaborated on the tabular model that has been developed, which presents the similarities and causal links between Mexico’s and Armenia’s policies and historical events and their impact on the economy.

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