A. M. KYUREGHYAN, PhD in Economics, Head, Strategic Gaming and Simulation Group, INSS, NDRU, MOD, RA

SUMMARY

Investments play a significant role in the economic development of any state and salvation of social issues, in the improvement of the national defense capability, as well as shaping economic base for ensuring its national security. The implementation of investment programs enables the increase of manufacturing capacities and volumes of production, the improvement of technical and technological support, this in its turn making it possible to add to the competitiveness of products displayed at international markets, and to increase the volumes of export, including armaments and military equipment. At the contemporary stage of the RA’s economy development, one of the most urgent tasks is the activation of investments and primarily from abroad. The salvation of this task is a key premise for ensuring further steady economic growth. There are several possible models of salvation. This article analyzes the model adopted in the Kingdom of Thailand as an ultimately acceptable and efficient, according to the author, model for adapting to the RA conditions. The investment policy developed in Thailand provides for significant increase of investor confidence and investment attractiveness of the state. At the same time, it is worthwhile noting that the level of influence of each factor, hindering the active involvement of investors, should be found out for localizing this experience in the RA. With this view, the article argues not only these very factors, but also draws forward mechanisms to counter them.