| | | | PROBLEMS OF MODERN ECONOMICS, N 3 (59), 2016 | | | | SOCIO-ECONOMIC DEVELOPMENT IN FOREIGN COUNTRIES | | | Avakjan B. A. Deputy of the Chief State Inspector of St. Petersburg For land use and protection, Federal Service for State Registration, Cadaster and Cartography, PhD (Economics)
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| | | The article analyzes the structure of financial obligations and overdue accounts of large- and medium-scale commercial organization in the non-financial sector of the Republic of Armenia, as well as data about accumulated debt for loans and credits of such organization over the period between 1995 and 2014. The author concludes that internal resources of commercial organizations in the Republic of Armenia are very limited and depend primarily on the accessibility of bank credits | | Key words: Republic of Armenia, commercial organization, financial responsibilities, entrepreneurship, overdue accounts receivable, financial and economic crisis | | Pages: 169 - 175 |
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