ArmInfo. We must work hard and persistently so that Armenia never becomes a one-party dictatorship, so that the courts are independent, the rule of law prevails, political opponents are not arrested on trumped-up charges, and businessmen and their enterprises do not become objects of arbitrary expropriation. This was written on his Facebook page by public and political figure Avetik Chalabyan.
In his article, he recalled that, together with his co-authors James Robinson and Simon Johnson, the Nobel Prize in Economics this year was awarded to Daron Acemoglu, an economist of Armenian origin, born and raised in Istanbul and working mainly in the United States. "This is an important achievement for these scholars, since their work is still very fresh (Nobel Prizes are often awarded 30-40 years after the publication of scientific papers). Acemoglu and Robinson's most famous work, Why Nations Fail, was published only 12 years ago and, despite controversies on many issues, instantly became a worldwide bestseller. The most important thesis of this fundamental work is to identify the connection between the economic success of countries and the political system in force in them, using the example of many countries. The authors provide extensive evidence that, all other things being equal, countries with competitive and inclusive political systems achieve economic success, as a result of which the judicial system becomes more independent and effective, political pressure on businessmen and the burden of corruption are significantly lower. Although there are some exceptions to this pattern, in general it clearly works for similar countries. The differences between the countries of Latin America and Africa are most striking: countries with inclusive, democratic and stable political systems have achieved much greater economic success than countries in which "one party or military dictatorships dominate," Chalabyan noted.
He noted with regret that today Armenia is still far from this, but if it wants to remain viable and succeed in its predatory external environment, it has no other choice. "We must work hard and persistently so that Armenia never turns into a one-party dictatorship, so that the courts are independent, the rule of law prevails, political opponents are not arrested on trumped-up charges, and businessmen and their enterprises do not become objects of arbitrary expropriation," Avetik Chalabyan noted.