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ARMENIA RANKS 98TH OUT OF 139 COUNTRIES IN GLOBAL COMPETITIVENESS REPORT
Anna Balyan
"Radiolur"
09.09.2010 18:13
The Economy and Values Research Center has published the Global
Competitiveness Report 2010-2011, where Armenia ranks 98th out of 139
countries as compared to last years 97th position out of 133 countries.
The Global Competitiveness Report's competitiveness ranking is based
on the Global Competitiveness Index (GCI), developed for the World
Economic Forum (WEF). The GCI is based on 12 pillars of competitiveness
and provides a comprehensive assessment of country competitiveness.
The rankings are calculated based on both publicly available data
and the Executive Opinion Survey, a comprehensive annual survey
conducted by the World Economic Forum together with its network of
Partner Institutes in the countries covered by the report.
"Armenia is progressing, but a little slower than other countries,"
Director of the Center Manuk Hergnyan said. According to him, progress
has been registered in the fields of healthcare, education. At the
same time, significant deterioration was registered in Armenia's
ratings on macroeconomic stability line and the level of financial
market development.
From: A. Papazian
Anna Balyan
"Radiolur"
09.09.2010 18:13
The Economy and Values Research Center has published the Global
Competitiveness Report 2010-2011, where Armenia ranks 98th out of 139
countries as compared to last years 97th position out of 133 countries.
The Global Competitiveness Report's competitiveness ranking is based
on the Global Competitiveness Index (GCI), developed for the World
Economic Forum (WEF). The GCI is based on 12 pillars of competitiveness
and provides a comprehensive assessment of country competitiveness.
The rankings are calculated based on both publicly available data
and the Executive Opinion Survey, a comprehensive annual survey
conducted by the World Economic Forum together with its network of
Partner Institutes in the countries covered by the report.
"Armenia is progressing, but a little slower than other countries,"
Director of the Center Manuk Hergnyan said. According to him, progress
has been registered in the fields of healthcare, education. At the
same time, significant deterioration was registered in Armenia's
ratings on macroeconomic stability line and the level of financial
market development.
From: A. Papazian