EV: ARMENIA’S RANKS AS THE 97TH COUNTRY IN TERMS OF ITS COMPETITIVENESS INDEX

/PanARMENIAN.Net/
08.09.2009 14:07 GMT+04:00

/PanARMENIAN.Net/ Armenia’s position, according to the World
Competitiveness Index, remains in the same position in comparison with
last year; it ranks as the 97th state in the list of 133 countries
of world, Manuk Yerganyan, Head of Economy and Values (EV) research
centre told journalists Tuesday, introducing the result of "World
Competitiveness Report 2009-2010". "In terms of competitiveness,
Armenia has this year made an advance step towards development. An
important role at the current stage is played by factors affecting
economic efficiency and innovative potentials," he noted.

A leading country, according to the speaker, is Switzerland. The next
country in the list is United States where macro-economic stability
and financial market are on a low level. Other states included in
top five list are Singapore, Sweden and Denmark.

Touching upon CIS countries, Yerganyan said that positive progress
was observed in Azerbaijan (51). Competitiveness level in Russia (63)
and Ukraine (82) has sharply decreased. Other countries positions
are as follows: Georgia – 90, Kazakhstan – 67, Kyrgyzstan – 123 and
Tajikistan – 122.

Among positive competitiveness advantages, Head of research center
indicated such factors as small amount of state debts and stabilization
of employment market, including agricultural policy and expenses in
the sphere of combating crimes and terrorism. In terms of malaria
influence, Armenia ranks as the first country whereas in the sphere
of effective anti-monopoly policy, existence of dominant groups
on market and overload of custom procedures, the country is in the
last positions.

This is the fifth consecutive year Armenia’s name has been included in
"World Competitiveness Report 2009-2010". This year, 80 Armenian small,
medium and big enterprises participated in the survey. Companies are
selected based on their economic structure and international experience
for ens omparing Armenia’s economic atmosphere with other states.

"Economy and Values" research center is a partner of the Global
Competitiveness Network of the World Economic Forum.
From: Baghdasarian