While our authorities day and night are mentioning that Armenia will soon become financial center with competitive economy, while promising that after several years we will be able to compare with the economy of East European countries, Armenian economy seems to go in an opposite direction, against the will and the promises of its own authorities or against their honest intentions. And thus Armenia appears in between Senegal and Dominican Republic in terms of the rates of economic development. And this is the opinion of not the yellow press but the well-known international organization – World Economic Forum. According to the World Economic Forum annual report 2008-2009 Armenia occupies 97th position among 134 countries. And now Armenia is located right next Senegal and Dominican Republic. Although the occupied position is not as bad as a motive, in the previous report we were on the 93rd position with 3.8 points, and in 2006-2007 report we were on the 80th position with 3.9 points. Actually, talking about the competitiveness simultaneously we are losing it. As a comparison Georgia occupies the 90th place, Azerbaijan occupies 69th place and Turkey – 63rd place. In this case we must honestly confess that Armenia is considered a non-competitive country of the region.
