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JEEN Labels Armenia As Less Capable To Resist Crisis

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  • 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.
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