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EV: Armenia's Ranks As The 97th Country In Terms Of Its Competitiven

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  • EV: Armenia's Ranks As The 97th Country In Terms Of Its Competitiven

    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
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