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ARMENIA IMPROVED ITS POSITIONS ON THE INDICATOR OF WORLD COMPATIBILITY BY SIX POINTS TAKING 92 PLACE AMONG 142 COUNTRIES
ARKA
Sep 8, 2011
YEREVAN, September 8. /ARKA/. Armenia has improved its positions on
the indicator of world compatibility by six points in 2011 taking 92
place among 142 countries, said Director of research centre "Economy
and values" Manuk Yergnyan in the international press-center "Novosti.
In 2010 Armenia was occupying 98 place among 139 countries of the
world by this indicator.
"By all criteria of assessment of compatibility in 2011-2012 positive
steps are observed except some indicators, such as macroeconomic
atmosphere and stability where Armenia decreased by 15 points and
occupies 114 place. The indicator of healthcare and primary education
decreased by 1 points", said Yergnyan.
By all other indicators, including the institutes, infrastructures,
higher education, productivity of commodity, labor and financial
markets, technological preparedness, market sizes, improvement of
entrepreneurship and innovations Armenia registered increase of
positions from one point to 20.
Abrupt improvement of indicators in Armenia is related to the update
of the submitted indicators, including the level of penetration of
mobile communication, tax and customs policy, credit availability
and financial markets.
"Indicators of Armenia correspond to other countries which are on
the same level of development, i.e. transition from the main phase
of development to the increase of productivity", said Yergnyan.
Some components make an exception, particularly market sizes which
is the result of natural restriction of local market.
Armenia falls behind by macroeconomic stability which is the phenomenon
of the last two years as in recent years growth of this indicator
was observed, though it is on a higher level by productivity of
labor market.
In total, the list of more competitive countries is not changed and
the leader is as earlier, Switzerland, then comes Singapore, Sweden,
Finland and the USA.
As for CIS countries, Armenia goes after Azerbaijan (55 place), Russia
(66 place), Kazakhstan (71 place), Ukraine (82 place), Georgia (88
place). Among CIS countries Armenia is ahead of Moldova (93 place),
Tajikistan (105 place) and Kyrgyzstan (126 place).
The "World report of compatibility 2011-2012" mentions that the world
economy shows progress in rehabilitation after crisis, but success
is divided unequal among the countries.
Developing countries demonstrate comparatively stable trends of
growth. Developed countries are characterized by weak resistance and
vulnerability towards new economic shocks.
"Slow and unstable rates of rehabilitation of economy in the developed
countries are not sufficient for solving the problem of high level of
employment accumulated during the crisis years. The greatest problems
remain high level of state debt and instability in the financial
markets", said Yergnyan.
Armenia participated in the global report of compatibility which
is prepared on the basis of statistical data and surveys among
the entrepreneurs since 2005. This year, heads of 80-100 Armenian
organizations from the sphere of large and small/medium-sized
businesses were included in the survey.
World economic forum is an independent international organization
which mission is to improve the world affairs through the establishment
of partnership between the leaders for preparation of global agenda,
as well as on the level of regions and spheres.
Research centre "Economy and values" is the partner of global network
of competitiveness of "World economic forum".
ARKA
Sep 8, 2011
YEREVAN, September 8. /ARKA/. Armenia has improved its positions on
the indicator of world compatibility by six points in 2011 taking 92
place among 142 countries, said Director of research centre "Economy
and values" Manuk Yergnyan in the international press-center "Novosti.
In 2010 Armenia was occupying 98 place among 139 countries of the
world by this indicator.
"By all criteria of assessment of compatibility in 2011-2012 positive
steps are observed except some indicators, such as macroeconomic
atmosphere and stability where Armenia decreased by 15 points and
occupies 114 place. The indicator of healthcare and primary education
decreased by 1 points", said Yergnyan.
By all other indicators, including the institutes, infrastructures,
higher education, productivity of commodity, labor and financial
markets, technological preparedness, market sizes, improvement of
entrepreneurship and innovations Armenia registered increase of
positions from one point to 20.
Abrupt improvement of indicators in Armenia is related to the update
of the submitted indicators, including the level of penetration of
mobile communication, tax and customs policy, credit availability
and financial markets.
"Indicators of Armenia correspond to other countries which are on
the same level of development, i.e. transition from the main phase
of development to the increase of productivity", said Yergnyan.
Some components make an exception, particularly market sizes which
is the result of natural restriction of local market.
Armenia falls behind by macroeconomic stability which is the phenomenon
of the last two years as in recent years growth of this indicator
was observed, though it is on a higher level by productivity of
labor market.
In total, the list of more competitive countries is not changed and
the leader is as earlier, Switzerland, then comes Singapore, Sweden,
Finland and the USA.
As for CIS countries, Armenia goes after Azerbaijan (55 place), Russia
(66 place), Kazakhstan (71 place), Ukraine (82 place), Georgia (88
place). Among CIS countries Armenia is ahead of Moldova (93 place),
Tajikistan (105 place) and Kyrgyzstan (126 place).
The "World report of compatibility 2011-2012" mentions that the world
economy shows progress in rehabilitation after crisis, but success
is divided unequal among the countries.
Developing countries demonstrate comparatively stable trends of
growth. Developed countries are characterized by weak resistance and
vulnerability towards new economic shocks.
"Slow and unstable rates of rehabilitation of economy in the developed
countries are not sufficient for solving the problem of high level of
employment accumulated during the crisis years. The greatest problems
remain high level of state debt and instability in the financial
markets", said Yergnyan.
Armenia participated in the global report of compatibility which
is prepared on the basis of statistical data and surveys among
the entrepreneurs since 2005. This year, heads of 80-100 Armenian
organizations from the sphere of large and small/medium-sized
businesses were included in the survey.
World economic forum is an independent international organization
which mission is to improve the world affairs through the establishment
of partnership between the leaders for preparation of global agenda,
as well as on the level of regions and spheres.
Research centre "Economy and values" is the partner of global network
of competitiveness of "World economic forum".