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Oligarchy preaching social intolerance in Armenia

8 September 2014 09:22 (UTC+04:00)
Oligarchy preaching social intolerance in Armenia

By Mushvig Mehdiyev

A lady on a quite luxury branded car looks so cute that no passerby on the streets of the capital Yerevan can remain indifferent towards her. Indeed, she enjoys their admiration but at the same time their jealousy.

The lady with an income of $10 million a year, as local media reports, can be an object of jealousy for many in the country where one third of its citizens are living in poverty. Meanwhile, the city is too poor for this cool lady - the wife of an Armenian member of the parliament Samvel Aleksanyan.

Shagrina Mkrtchyan poses a real paradox on the streets of the modest city. The strict social and economic state of Armenia with its unsuccessful domestic and foreign policy could push the country deeper into the crisis. While Armenia seeks to find solution to its problems abroad, economic and social degradation of the country goes deeper and deeper. Mass outflow of people has reached an alarming level and stopping it has turned into a mission impossible for the government. The country with poor macroeconomic indicators is on the verge of desertification, as official statistics show.

The latest report on the competitiveness of the world countries has proved once again the worsening economic situation in Armenia. Armenia is 85th among 144 countries for its competitiveness in the Global Competitiveness Report 2014-2015 published by the World Economic Forum. It dropped 6 points compared to the same report released last year.

Another milestone in the report was the latest position of Armenia among the Caucasus countries. Against the backdrop of the 85th standing of Armenia, Azerbaijan ranked 38th, while Georgia 69th.

The Global Competitiveness Report shed more light on the drivers of productivity and prosperity of the countries across the globe.

Corruption, oligarchy and tyranny remain the major impediments to the development of Armenia. Lack of sovereign foreign policy is another challenge for the post-Soviet country, which faces public protests.

The recent dismissal of Migran Davtyan, Head of the Anti-corruption Department under the Armenian Police Department for Combating Organized Crimes, seems to be a disguising action to possible unrests. The staff changes in this case can be so handy for the government because it was exposed to shame as WEF report confirms Armenia's drawback in all areas among other nations.

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