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.