Competitiveness is a function of the nations' ability to develop environment which enables firms and individuals to utilize the available resources and factors effectively and efficiently. Competitiveness is all about productivity.
World Economic Forum's Global Competitiveness Report (GCR) has become the leading source of assessing a country's competitiveness.
EV is a Partner Institute of the Centre for Global Competitiveness and Performance of the World Economic Forum (WEF) since January 2005. The major project with the WEF is assisting the Forum to include Armenia in the Global Competitiveness Report (GCR), where Armenia was included in 2005/6 for the first time as a result of this partnership.
According to the Global Competitiveness Report 2011-2012, released by the World Economic Forum, Armenia is ranked 92nd among 142 countries. See the details>>