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2009-2010 Global Competitiveness Report Of WEF

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  • 2009-2010 Global Competitiveness Report Of WEF

    2009-2010 GLOBAL COMPETITIVENESS REPORT OF WEF

    Information-Analytic Agency NEWS.am
    Sept 8 2009
    Armenia

    Armenia held 97th position in the 2009-2010 Global Competitiveness
    Report. The rankings of 133 states are calculated from publicly
    available data and the Executive Opinion Survey of World Economic Forum
    together with Partner Institutes network. The indexes are derived
    from the April 2009 survey of Armenian entrepreneurs. Global crisis
    consequences are not considered as Armenia was affected in the course
    of 2009.

    Armenia registered high macro-economic stability (53rd position) and
    the worst commodity market efficiency (116th position). The latter
    is a consequence of market monopoly.

    Armenia's other drawback's are customs' procedures, unfavorable
    environment for venture capitals, insufficient level of business
    education and state purchase policy on technological commodities.
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