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Competition will be even more severe

August 26,2020 18:11

Those who accept decisions in Armenia and other small countries not only need to understand, but they also need to have a clear and detailed picture of how the world is going to advance in the near future within this reality of severe competition. As far as I understood, the danger for us is not being battered and taken advantage of (as it was during colonization), but being ignored, unimportant, and extra. There is also good news. Within this competition, being a small or large state no longer has any critical meaning.

The thing is that “ownership,” “money,” and “territory” have taken on a new meaning in the 21st century. Physical tools for maintaining, changing, and reformatting them are no longer necessary. For example, the paper produced by a particular country’s Central Bank is going to decrease in value. Any country can move forward within the framework of these tectonic changes, but they also can lose their meaning and position in global competition. But it is more difficult to bring back what has been lost than in the case of the former “third world countries.”

Read the entire editorial in Armenian: https://www.aravot.am/2020/08/26/1131357/

Aram Abrahamyan

 

 

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