Armenia occupies one of the worst positions by customs reforms in The Global Competitiveness Report 2013-2014 of the World Economic Forum. Customs Administering is one of the weakest points of the country, Prime Minister Tigran Sargsyan said in the government, Thursday, commenting on the given report.
Armenia has improved its position in The Global Competitiveness Report 2013-2014 by the World Economic Forum moving up 3 positions to the 79th position out of 148 countries by the GCI -Global Competitiveness Index. However, Armenia took the 123rd position by the burden of customs procedures. The prime minister outlined also other weak points: quality of management schools (120th position), country capacity to retain talent (121st position), exports as a percentage of GDP (130th position).
The prime minister outlined some strong points revealed by the report: procedures to start business, hiring and firing practices, transparency of government policy making, strength of investor protection, the role of government administration (10-34 positions). In the CIS, Armenia is ahead of Moldova (89th position - down 2 points) and Kyrghyzstan (127th position - down 6 points). The other countries in the CIS and Georgia are ahead of Armenia by the national competitiveness index. Thus, Azerbaijan was 39th , Kazakhstan - 50th, Russia - 64th, Ukraine - 84th, and Georgia - 72nd.
The Global Competitiveness Report 2013-2014assesses the competitiveness landscape of 148 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.