Current Issues of National Economy Competitiveness Enhancement in RA

Abstract

Competitiveness of any national economy characterizes social and economical development quantitative and quantitative indices of that country. Moreover, the hystory of competitiveness index of a country reflects the character of realized reoforms, as well as shortcomings, which take place in a microeconomic index. The authors on the basis of intraregional (Armenia, Georgia, Azerbaijan, Russia, Turkey, and Iran) comparisons and a number of such indices as weight of export in the total volume of regional export, balance payment, current account, dynamics, the number of employees involved in the sphere of information technologies and indices of volume of its export and other indices have revealed competitiveness weaknesses of Armenian economy. In the paper suggestions stimulating innovations and technological advancement, as well as reducing brain drain have been made. The authors also consider the scientific and educational system as competitive sphere of RA economy.