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Lifebuoy For Armenia

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  • Lifebuoy For Armenia

    LIFEBUOY FOR ARMENIA

    Hakob Badalyan, Political Commentator
    Comments - 12 December 2014, 00:27

    Businessman and benefactor Ruben Vardanyan starts the construction
    of a new eco village which is going to be part of a bigger tourism
    program. The program will be implemented during several years and
    will cost 50 million dollars. It will develop the tourism potential
    of Artsakh and Armenia.

    Ruben Vardanyan's new initiative is launched in an interesting period
    when the country is standing at a crucial economic and political
    crossroad when the issue of mitigation of impacts of the Russian
    economic decline due to the geopolitical confrontation is growing
    urgent.

    This is a short-term objective which is part of a more global
    imperative, namely Armenia's economy with its current structure,
    nature, content and culture is not adequate to geopolitical realities.

    Armenia is in a semi-blockade, to which adds the weakening of the
    Russian economy which is a key source of nourishment of the Armenian
    economy.

    A revision of the nature and structure of the economy and change of
    values are therefore necessary with a view to economic development. A
    new quality and scale of business thinking is therefore vital for
    Armenia which will be several steps higher than the existing "retail"
    philosophy when business is based on maximum profit with minimum cost
    within minimum time.

    The need for long-term investments in branches where transportation
    is not crucial will be vital. Armenia needs investments which will be
    business projects with a component of corporate social responsibility.

    In this respect, investments in education have a key importance. There
    are success stories - Ayb Foundation for Education, Mkhitar Sebastatsi
    Education Complex which is the snowdrop of new quality and content
    of education, UWC Dilijan and other schools.

    A strategic matter for Armenia is to create an environment
    for expression of the creative potential in terms of education
    infrastructures, as well as innovative, bold intellectual business
    plans which will be a model for the potential formed and development
    on the basis of those infrastructures.

    These models will be the spots where specialists with a new quality
    and mentality will be required and will thus have an opportunity to
    self-actualize in Armenia, not abroad.

    Such projects influence public thinking and set of values, showing
    the human face of business culture to the wolf's appetite.

    Two factors are essential to the solution of this strategic issue -
    political will and action of the "ruling elite" of Armenia to create
    the necessary environment for investments and investors with new
    thinking and dreams.

    The first one is still at the level of speaking. As to the second,
    there are already some visible examples. At the same time, the
    practical steps in terms of the first one are highly important to
    their prospect and systemization. At the same time, in the absence
    of the first component and general mediocrity at least the second
    component may act as a lifebelt for both the state and the society.

    http://www.lragir.am/index/eng/0/comments/view/33314#sthash.rqqX3aYX.dpuf

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