Armenians should grasp their chance to transform their homeland
Re-published from Financial Times
These past few weeks have brought unprecedented worldwide attention to Armenia, a landlocked former Soviet republic in the South Caucasus. Frustrated by an unfair society and an inefficient economic model, tens of thousands of citizens took to the streets to peacefully protest for a better and more democratic future.
After nationwide strikes, prime minister and former president Serzh Sargsyan capitulated to the overwhelming voice of the Armenian people by resigning unconditionally. To his credit, he ceded control after 10 years in office without bloodshed or civil unrest.
On Tuesday, Nikol Pashinyan, the opposition politician who led this “velvet” revolution, was declared prime minister after a decisive vote in parliament. This closed a long, difficult chapter and opens a new one filled with opportunity and uncertainty. Armenia can become a beacon for other nations if it successfully transforms its government while remaining peaceful and abiding by its new constitution.
It’s important to note that this is a watershed moment for Armenia. A quarter century after gaining its independence, the young republic remains vulnerable, as does the state of the Armenian identity globally. We have a rare and unexpected opportunity to transform our country into a vibrant, modern, secure, peaceful and progressive homeland for a global nation. It’s important to note that this was not the victory of one man, but rather of an entire nation and particularly of our youth. I remember, as a young man, I was also frustrated by the status quo and took part in similar mass protests 30 years ago. The changes that did come fell short of expectations. This time must be different.
The disaffected youth must be heard so that they agree to remain in Armenia and contribute to the success of the nation. If euphoria turns into disappointment yet again, we could witness the emigration of the entire next generation. Our small and fragile economy could not withstand a further brain drain.
Moreover, those who have taken to the streets in celebration must be realistic. Armenia’s problems won’t be solved overnight. No one should believe those who promise to rapidly attract billions of dollars of investment. Instead, we have to increase our competitiveness as a country to thrive within the global economy.
There is no doubt Armenia presents an attractive investment opportunity: its rapid growth in the early part of the 2000s led the World Bank to call it the Caucasian tiger. Armenia’s people are innovative and creative; it is the perfect bridge between the EU, Iran and the Eurasian Economic Union of Belarus, Kazakhstan and Russia, and we have the unique expertise and resources of a global network of emigrants.
As a proud member of that diaspora, I have been seeking to foster systemic change in Armenia on behalf of the new generation for many years. That is why, together with my Armenian-American partner Noubar Afeyan, I co-founded the Armenia 2020 initiative to draw on global knowledge and create scenarios through which the country could achieve a vibrant future.
Economic development will require a long-term strategy that helps rebalance the economy toward resilient, inclusive and environmentally sustainable growth.
It is abundantly clear what Armenia’s new prime minister must do.
First, Mr Pashinyan must harness the skills and enthusiasm of Armenians across the globe, and encourage them to contribute to accelerating Armenia’s growth. Less than one-third of the world’s 11m Armenians lives in the country. Now is the ideal time for our homeland to tap its émigrés and ask for their help in building long-term prosperity.
Second, he must faithfully carry out the mandate he has been given. Armenian citizens want a vibrant, affluent country committed to justice, freedom and equal opportunity. Our people do not want one oligarchy to replace another. The new government needs to be qualitatively different from the previous ones.
Next month hundreds of humanitarian leaders will meet in the Armenian capital of Yerevan as my organisation awards its annual Aurora prize, which honours those who came to the aid of our ancestors during the Armenian genocide in the early 20th century.
I hope that this year’s ceremony will coincide with the dawn of a new era where Armenian citizens and diaspora alike can be proud of their ever-transforming nation.
Videos
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Biden Under Pressure to Recognize Armenian Genocide - KTLA 5 News
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'Mr. President, It Is Now in Your Power to Right Decades of Denial' - US Congressman Adam Schiff Urges Joe Biden to Recognize Armenian Genocide
Armenians of Nagorno-Karabakh in Despair After Trauma of Military Defeat - France 24
Interview with Kakhaber Kiknavelidze, an Independent Member of Ameriabank Board of Directors
Only Terrorists Keep Hostages, Putting Forward Preconditions for Their Release - Edmon Marukyan
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Artsakh Defense Army Units Neutralizing Azerbaijani Arms Supplies
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President Armen Sarkissian Meets with NATO Secretary-General in Brussels
Buildings and Homes Lying in Ruins in Nagorno-Karabakh's Capital After Azerbaijani Shelling
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Artsakh Defense Army Units Destroying Azerbaijani Tank
Zohrab Mnatsakanyan: Ceasefire Does not Mandate Azerbaijan to Kill Civilians and Hit Civilian Settlements
Armenians Protest Outside Turkrish Embassy in Los Angeles
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War Situation in Karabakh on European Parliament's Agenda
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Armenian Armed Forces Neutralize Azerbaijani Defense Positions
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There is a solid evidence that Azerbaijan has launched a thoroughly planned attack on the NKR
EU calls for Immediate End to Hostilities over Nagorno-Karabakh
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- 12:41 • 23.10.20 President Armen Sarkissian Meets Emmanuel Macron at Élysée Palace
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- 14:11 • 09.10.20 Turkey openly backs Azerbaijan 'far more aggressively than in the past' - ABC News on Syrian mercenaries fighting in Karabakh
- 15:52 • 08.10.20 Iconic Armenian Church Hit in Azerbaijani Attacks in Nagorno-Karabakh City (photos)
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- 19:31 • 05.10.20 Call for Urgent Action: Armenian Journalist Brings Intn'l Colleagues' Attention to Situation iin Artsakh After Azerbaijani Attacks
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- 12:39 • 04.10.20 Nagorno-Karabakh's Capital Under Azerbaijani Strikes
- 13:49 • 03.10.20 Armenian Armed Forces Neutralize Azerbaijani Defense Positions
- 10:12 • 29.09.20 ArmenianTroops Destroy Azerbaijani Armored Fighting Vehicle on Frontline
- 23:42 • 28.09.20 There is a solid evidence that Azerbaijan has launched a thoroughly planned attack on the NKR
- 18:45 • 28.09.20 EU calls for Immediate End to Hostilities over Nagorno-Karabakh
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