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The paper will explore whether high level of§institutionalization is conditioned by the existence§of informal networks and clientelism, to compare the§party system of Armenia with the party system of§Kyrgyzstan, specify the level of institutionalization§and discover the reasons of different levels, the§similarities and differences of the system. How do§party politics operate differently in these§countries? Why is it that countries with so many§similarities (strong informal network, clientelist§relations) have different institutional levels of§party system? Therefore, it is a puzzle whether§institutionalization of party system matters in those§countries. If not, what is it that matters in the§party and political systems of Armenia and§Kyrgyzstan? I will also specify what factors§assisted those two countries in the§institutionalization of their party system, what§criteria should be taken into consideration for§measuring the level of party system§institutionalization.