Aleksey Hovakimyan on Rural & Economic Development in Armenia

While writing his PhD, Aleksey Hovakimyan was a regular user of CRRC-Armenia, often working in the computer lab or the library. We therefore were delighted to hear that his PhD thesis has now been published, and wanted to support him in spreading the word of his book’s release.

Hovakimyan’s book, Rural Clusters and Structural Transformation: An Exploratory Case Study in Armenia, concerns the change in the structure of an economy as an important process for long-term development. This key process, called structural transformation, reflects the change in the contribution of the agriculture, industry and service sectors within the national economy.

The book also examines the cluster concept, which is generally a geographic concept from regional economics and economic geography. Since its origin, the cluster concept mostly refers to the industry sector, and very little academic literature directly ties structural transformation to rural cluster formation in developing countries. Hovakimyan’s work, therefore, tries to do so through an exploratory case study of Armenia, and examines three dimensions: space (cluster concept), time (structural transformation) and levels of change (from national to household level).

The book also provides an overview of relevant theories and approaches, as well as the case analysis helpful to understand the economic behaviour/choice of rural households within the realities of developing countries which have various gaps and shortcomings in infrastructure and institutions.

This work should be especially useful to students, development researchers and practitioners, or anyone else who is interested in rural and economic development. For more information and to purchase the book, go here.

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