JEEN Labels Armenia As Less Capable To Resist Crisis

JEEN LABELS ARMENIA AS LESS CAPABLE TO RESIST CRISIS

/PanARMENIAN.Net/
15.07.2009 14:28 GMT+04:00

/PanARMENIAN.Net/ Joint Eurasian Expert Network (JEEN) represented the
first Resistibility Rating of crisis effects in economic, political
and socio-cultural fields which included all countries of ex-Soviet
space except for the Russian Federation.

The Rating is the first in a series of resistibility ratings to crisis
effects in the countries of the ex-Soviet space. The basis for making
the Rating became the results of interrogation carried out among
experts in the ex-Soviet space, political scientists, observers,
journalists and also state government bodies. Each expert assessed
the aspects according to which it was possible to judge resistibility
to the crisis effects in each separate country on a ten-point scale.

The obvious leader of the Rating is Kazakhstan. The political
situation in the country is characterized by experts as stable enough:
rearrangements in authorities (6), rotation of elites (6) and a high
level of frustration in the environment of elites (6), presence of
uniform economic block in the government (7) and the highest level
of development of crisis management program (9), its efficiency
(7), governmental support of the priority branches of economy (8),
significant national currency movement (7), credit defaults (7),
social stability (7) and a sufficient level of credit of authorities
(7), according to a ten-point scale.

Then, Azerbaijan and Belarus follow. Armenia comes the last, along
with Georgia, Kyrgyzstan and Tajikistan.

The political situation in Armenia is estimated by experts as stable
enough, presence of uniform economic block in the government (7),
significant national currency movements (8), reduction of import (7),
change of quality of consumer goods basket, level of credit of the
authorities is significant (6).

Russia was not included in the Rating. Being one of the largest
states in the world in all its aspects Russia’s inclusion in the
Rating would push all other states to the sidelines, the JEEN said.