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
Famous quotes containing the word global:
“As the global expansion of Indian and Chinese restaurants suggests, xenophobia is directed against foreign people, not foreign cultural imports.”
—Eric J. Hobsbawm (b. 1917)