[Web Wrap]: Goodbye Mr. Socialism.

December 13, 2010

Fresh Kiva perspective on the market.

By Abhishek Banerjee via Kiva Fellows blog

In 1991, the Soviet Union broke apart and Armenia re-established its independence. Declaring independence on 23 August, it was the first non-Baltic republic to secede. However, remnants of its Soviet history can be found throughout the country. Major infrastructure projects implemented under Soviet leadership still stand tall throughout the cities. However, as needs have changed, the buildings have been repurposed to adjust accordingly. One of the more interesting transformations across Yerevan has been the emergence of markets in former industrial or commercial buildings. These markets are basically comprised of dozens of narrow aisles with small storefronts selling clothing, household goods and other daily essentials.

Please continue reading here.

Yerevan Market


Credit:Abhishek Banerjee via Kiva

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