Identification of issues impeding the development of border communities, assessment of drawbacks of the state policy implemented in this sphere and the development of the socio-economic concept based on it have always been and remain the main prerequisite for the maximum demonstration of real economic potential of any state. Currently, the uneven development of the regions is becoming more and more problematic together with all accompanying risks such as population emigration, economic activity decrease, urbanization, population ageing and regional GDP decrease. In the context of even development of border communities, the factual assessment of factors hindering the progress of those communities is of utmost importance. Based on this, in the current Armenian reality the proposal of practical ways of socioeconomic development and ensuring their applicability remain topical more than ever before.
Vegetable oil is an important product from nutritional, social, and strategic points of
view. Currently, only imported vegetable oil is consumed in the RA, and sunflower oil is
the dominant component. Meanwhile, a key part of imports (more than 95%) is supplied
from one country, and among the importers exist companies with a large share of the
market, which makes the analysis of the competitive situation very important. In the
paper, the authors analyze the market structure and the level of competition,
characterizing the market by features of an oligopolistic market. The authors conclude
that the development and implementation of appropriate strategies for the promotion of
domestic production, as well as for the diversification of the import geography are
important – given also turbulence in international markets and the sudden increase in the
prices in recent years.
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