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<article article-type="research-article" dtd-version="1.3" xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xml:lang="ru"><front><journal-meta><journal-id journal-id-type="publisher-id">imi</journal-id><journal-title-group><journal-title xml:lang="ru">Международная аналитика</journal-title><trans-title-group xml:lang="en"><trans-title>Journal of International Analytics</trans-title></trans-title-group></journal-title-group><issn pub-type="ppub">2587-8476</issn><issn pub-type="epub">2541-9633</issn><publisher><publisher-name>MGIMO University</publisher-name></publisher></journal-meta><article-meta><article-id pub-id-type="doi">10.46272/2587-8476-2023-14-1-92-110</article-id><article-id custom-type="elpub" pub-id-type="custom">imi-470</article-id><article-categories><subj-group subj-group-type="heading"><subject>Research Article</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="ru"><subject>ИССЛЕДОВАТЕЛЬСКИЕ СТАТЬИ</subject></subj-group><subj-group subj-group-type="section-heading" xml:lang="en"><subject>RESEARCH ARTICLES</subject></subj-group></article-categories><title-group><article-title>Экономическое развитие как способ компенсации внешнеполитических рисков: пример Армении</article-title><trans-title-group xml:lang="en"><trans-title>Economic Development as a Method of Foreign Policy Risk Compensation: The Case of Armenia</trans-title></trans-title-group></title-group><contrib-group><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Дунамалян</surname><given-names>Н. А.</given-names></name><name name-style="western" xml:lang="en"><surname>Dunamalyan</surname><given-names>N. A.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Норайр Арменович Дунамалян, к. полит. н., старший преподаватель</p><p>кафедра политологии</p><p>0051</p><p>ул. Овсепа Эмина 123</p><p>Ереван</p></bio><bio xml:lang="en"><p>Norayr A. Dunamalyan, PhD in Political Science, Senior Lecturer</p><p>0051</p><p>Hovsep Emin str. 123</p><p>Yerevan</p></bio><email xlink:type="simple">norayr.dunamalyan@rau.am</email><xref ref-type="aff" rid="aff-1"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Давтян</surname><given-names>В. С.</given-names></name><name name-style="western" xml:lang="en"><surname>Davtyan</surname><given-names>V. S.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Ваге Самвелович Давтян, д. полит. н., профессор</p><p>0051</p><p>ул. Овсепа Эмина 123</p><p>Ереван</p></bio><bio xml:lang="en"><p>Vahe S. Davtyan, Doctor of Political Science, Professor</p><p>0051</p><p>Hovsep Emin Str. 123</p><p>Yerevan</p></bio><email xlink:type="simple">vahe.davtyan@rau.am</email><xref ref-type="aff" rid="aff-2"/></contrib><contrib contrib-type="author" corresp="yes"><name-alternatives><name name-style="eastern" xml:lang="ru"><surname>Тавадян</surname><given-names>А. А.</given-names></name><name name-style="western" xml:lang="en"><surname>Tavadyan</surname><given-names>A. A.</given-names></name></name-alternatives><bio xml:lang="ru"><p>Агаси Ашотович Тавадян, к. эк. н., доцент, член Евразийского экспертного клуба</p><p>0051</p><p>ул. Овсепа Эмина 123</p><p>Ереван</p></bio><bio xml:lang="en"><p>Aghasi A. Tavadyan, PhD in Economics, Assistant Professor</p><p>0051</p><p>Hovsep Emin Str. 123</p><p>Yerevan</p></bio><email xlink:type="simple">agasi.tavadyan@rau.am</email><xref ref-type="aff" rid="aff-2"/></contrib></contrib-group><aff-alternatives id="aff-1"><aff xml:lang="ru">Российско-Армянский университет<country>Армения</country></aff><aff xml:lang="en">Department of Political Science of Russian-Armenian&#13;
(Slavonic) University<country>Armenia</country></aff></aff-alternatives><aff-alternatives id="aff-2"><aff xml:lang="ru">Российско-Армянский университет<country>Армения</country></aff><aff xml:lang="en">Russian-Armenian (Slavonic) University<country>Armenia</country></aff></aff-alternatives><pub-date pub-type="collection"><year>2023</year></pub-date><pub-date pub-type="epub"><day>14</day><month>04</month><year>2023</year></pub-date><volume>14</volume><issue>1</issue><fpage>92</fpage><lpage>110</lpage><permissions><copyright-statement>Copyright &amp;#x00A9; Дунамалян Н.А., Давтян В.С., Тавадян А.А., 2023</copyright-statement><copyright-year>2023</copyright-year><copyright-holder xml:lang="ru">Дунамалян Н.А., Давтян В.С., Тавадян А.А.</copyright-holder><copyright-holder xml:lang="en">Dunamalyan N.A., Davtyan V.S., Tavadyan A.A.</copyright-holder><license license-type="creative-commons-attribution" xlink:href="https://creativecommons.org/licenses/by/4.0/" xlink:type="simple"><license-p>This work is licensed under a Creative Commons Attribution 4.0 License.</license-p></license></permissions><self-uri xlink:href="https://www.interanalytics.org/jour/article/view/470">https://www.interanalytics.org/jour/article/view/470</self-uri><abstract><p>   Долгие годы экономика Республики Армения (РА) справлялась с кризисными ситуациями и балансировала в условиях постоянных политических потрясений. За 35 лет армянской экономике предстояло преодолеть последствия Спитакского землетрясения, Первой карабахской войны, спада ВВП на более чем 50 %, транспортной блокады и экономического кризиса 2008 г. После 44-дневной войны 2020 г. в Нагорном Карабахе условия развития Армении, в т. ч. экономического, резко изменились, создав новые риски. Более широкая картина международной конфронтации, вылившейся в военные действия на Украине в 2022 г., предоставила для армянской экономики возможности роста в условиях геополитической неопределенности. События 2022 г. оказали положительное воздействие на экономический рост в Армении, однако возможная продолжительность такого эффекта на экономику Армении остается под вопросом и зависит от конкретных подходов руководства республики, а также сохранения нынешних условий. В данной статье мы пытаемся найти взаимосвязь между экономикой и внешней политикой Республики Армения в контексте глобальных и региональных изменений. Вместе с тем политика армянского руководства рассматривается сквозь призму основных признаков понятия «малое государство». Особое внимание уделяется логике изменения подходов к внешней политике на протяжении всего периода независимости. В статье ставится вопрос о важности восприятия политической элитой места и роли экономики в осуществлении внешней политики, что, в свою очередь, влияет на дальнейшее позиционирование государства на международной арене. На основе большого массива статистических данных в статье представлены причины резкого роста ВВП Армении в 2022 г., а также проанализирована его структура. Развитие энергосистемы страны показано в качестве иллюстрации становления отдельной отрасли, совмещающей возможности экспорта, инвестиционного потенциала и формирования рисков. Также указаны причины относительной стабильности армянской экономики на фоне постоянной угрозы военной эскалации.</p></abstract><trans-abstract xml:lang="en"><p>   Throughout a 35-year period, the Armenian economy has withstood numerous crises and political shocks, including the Spitak earthquake, the fi rst Karabakh war, a decline in GDP by over 50 %, transport blockades, and the 2008 economic crisis. The aftermath of the 2020 44-day war in Nagorno-Karabakh introduced new risks and drastically altered the country’s development and economic conditions. Despite the broader context of international confrontation, which has spilled over into military conflict in Ukraine, the Armenian economy has created possibilities for growth under geopolitical uncertainty. In the short-term perspective, these developments have had a positive impact on economic growth in 2022. However, the continuity of such impact on the Armenian economy depends on the government’s concrete approaches and further existence of current conditions. The article aims to explore the interrelationship between Armenia’s foreign policy and economy in the context of global and regional changes. The policy of the Armenian government is considered through the prism of the main features of the notion “small state,” with particular attention paid to the logic of changes in foreign policy throughout the entire period of independence. By utilizing large-scale statistical data, the article presents the causes of the radical growth of Armenia’s GDP in 2022 while simultaneously analyzing its structure. The development of the country’s energetic system is presented as an illustration of the establishment of a separate field that combines export possibilities, investment potential, and risk formation. The article also covers the reasons for the relative stability of the Armenian economy under the background threat of military escalation.</p></trans-abstract><kwd-group xml:lang="ru"><kwd>Армения</kwd><kwd>внешняя политика</kwd><kwd>политический риск</kwd><kwd>экономическое развитие</kwd><kwd>кризис</kwd><kwd>малое государство</kwd></kwd-group><kwd-group xml:lang="en"><kwd>Armenia</kwd><kwd>foreign policy</kwd><kwd>political risk</kwd><kwd>economic development</kwd><kwd>crisis</kwd><kwd>small state</kwd></kwd-group></article-meta></front><back><ref-list><title>References</title><ref id="cit1"><label>1</label><citation-alternatives><mixed-citation xml:lang="ru">Айвазян, С. А. «Голландская болезнь» в экономиках России и Армении / С. А. Айвазян, А. Н. Березняцкий, Б. Е. Бродский // Прикладная эконометрика. – 2014. – № 36 (4). – С. 32–60.</mixed-citation><mixed-citation xml:lang="en">Ayvazyan, Sergey A., Bereznyatski, Alexandr N., and Boris E. 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