ARMENIA HAS ECONOMIC COMPETITION SHORTCOMINGS – MINISTRY
00:18, 11.09.2014
YEREVAN. – The Ministry of Economy will analyze the reasons for
the drop in Armenia’s position in the World Economic Forum (WEF)
global rankings, Economy Minister Karen Chshmarityan told reporters
on Wednesday.
He added, however, that this drop in Armenia’s ranking can be relative
due to the improvement in the rankings of other countries.
To the query as to whether Armenia’s low ranking in the free markets is
an impediment, the minister responded: “Yes, there is such a problem.”
Armenia was ranked 85th, dropping six spots, in the WEF 2014-2015
Global Competitiveness Report. In addition, Armenia was ranked 105th
among 144 countries in the effectiveness of antitrust policy.
Armenia News – NEWS.am