October 30, 2010 - 18:38 AMT
Dominic Barton: Armenia should develop IT sphere not to be extruded from consumer markets

At National Competitiveness Foundations conference in Yerevan, Global Managing Director of McKinsey & Company, Dominic Barton delivered a lecture on five forces influencing formation of global economy.

The head of McKinsey&Company expressed his position on the issue, specifically noting the most profitable investment sectors, including agriculture, food manufacturing, healthcare, clear technologies, education.

The expert forecasted favorable future to countries rich in natural resources, urging them to practice reasonable management.

Commenting on the situation in Armenia, the expert observed that the country should shift accents in the economy, developing the sphere of innovation technologies not to be extruded from consumer markets.