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Armenia loses competitive potential

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  • Armenia loses competitive potential

    Vestnik Kavkaza, Russia
    Sept 5 2014


    Armenia loses competitive potential

    5 September 2014 - 12:23pm

    Armenia's rank has changed from 85 to 79 in the Global Competitiveness
    Report of 2014-2015. The report includes 144 countries. The situation
    has got worse since the replacement of Prime Minister Tigran Sargsyan
    with Ovik Abramyan, AmenianReport reports.

    The country rose 2 points in higher education and infrastructure and 1
    points in technological readiness. The efficiency of the labour market
    dropped to rank 24, development of the financial market to rank 21.

    Kyrgyzstan and Ukraine made progress in the Global Competitiveness Report.

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