Armenia and Azerbaijan’s Performance | Millennium Challenge Corporation’s Meta-Index

A previous blog entry on Millennium Challenge Corporation’s Meta-Index, as you may recall, presented Georgia’s performance. For those who do not know, Millennium Challenge Corporation (MCC) uses data from the research of various organizations such as the IFC, the World Bank Institute, UNESCO, Freedom House and others. Millennium Challenge Corporation recently released an assessment through its annual scorecard, which has three main policy categories: Ruling Justly, Investing in People, and Economic Freedom.

Unlike Georgia, were most of the trends are positive, trends in Armenia and Azerbaijan are not very consistent. Armenia has problems, especially in the Ruling Justly categories: the Political Rights, Civil Liberties and the Voice and Accountability are all in decline. The only two Armenian trends, which are currently improving, are the Primary Education Expenditures (UNESCO/National Sources) from the Investing in People category and the Regulatory Quality (World Bank Institute) from the Economic Freedom section.

Armenia

As for Azerbaijan, the news, according to the scorecard, unfortunately is pretty bleak. Most indicators are below the median, and some trends are declining further: among them, the Voice and Accountability trend, which was already quite low; the Inflation trend has increased, although, it looks as if that trend had been stopped in 2006. The Business Start-Up (IFC) and the Fiscal Policy (National Sources) are the only ones with a consistent increase each year.

Azerbaijan

For more info, click here. As always your comments welcome.