Economic Development
The main concepts of economic development based on human development, fundamental life values and targeted to the implementation of human potential were examined. Based on the essence and general understanding of economic development, it was presented the concept of responsible development emphasizing the leading role of the public state in succeeding or defaulting it. It was also discussed the methodological approaches on analyzing the development, the main characteristics and directions of economic development. It was presented the conceptual framework on the problems of human development based on endogenous and exogenous factors of the development. During the discussions on new approaches to macro economy policies targeted to the development of the economy and modernization of technologies there were suggested some amendments in the fiscal and monetary policies of the Republic of Armenia. While implementing researches within the context of technological changes, it were analyzed the main macro economical indicators, as well as cyclical changes, including structural shifts in the economy. There were defined the characteristics of innovation economy, the main features of it, as well as quantitative and qualitative indicators of stable economical development of the UIS (Union of Independent States). The data on stable development were analyzed where the main role was devoted to the indicators of innovative development. It was analyzed the correlation between some indicators describing economical development and indicators on state government, such as efficiency of management, political stability, quality of management, etc. Within the context of international investors, it is important to assess the expected returns of investments for developing countries. In other words, it is very important to have the minimal thresholds on expected returns. There are different approaches on entering to European Union or Custom Union. The researches on it are very different and contradictory. Within this context, it was presented different factors (historical, political, civilization, geopolitical, economical) affecting the entry to the mention unions.