Global Competitiveness
The Armenian economy's competitiveness is low and stagnating according to the Global Competitiveness Index, in which Armenia's ranking slipped from 80th out of 132 countries in 2006-2007 index to 93rd out of 131 countries in the 2007-2008 index (just below Libya, Namibia, Georgia, Serbia and Pakistan). Armenia ranks 82nd out of 144 economies according to the 2012-2013 Global Competitiveness Index.
Read more about this topic: Economy Of Armenia
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“Ours is a brand—new world of allatonceness. “Time” has ceased, “space” has vanished. We now live in a global village ... a simultaneous happening.”
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