Economist Daron Acemoglu to Advise Armenian Government

Armenian Prime Minister Nikol Pashinyan reported Sunday May 13, that world renowned economist Daron Acemoglu has accepted his invitation to come to Armenia and assist in drafting a policy designed to lift Armenia out of its economic doldrums.

Pashinyan, in a Facebook post, said that there is still no specific date when Acemoglu, a Professor of Economics at MIT and co-author of the book, “Why Nations Fail” (2012) will arrive in Armenia.

Born in Istanbul to Armenian parents, Acemoglu completed his PhD at the London School of Economics and is best known for his work on political economy.

As for Acemoglu’s views on Armenia’s economy since independence, he has written, “Armenia could have looked much more like the Czech Republic or Estonia and what we got instead is a country that looks much more like Azerbaijan or Uzbekistan, which is a real shame,” said at a USC Institute of Armenian Studies Conference on April 9, 2018.

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