Thursday, January 10, 2008

Why I would think twice before investing any money...

Ara Manoogian has had numerous blog entries about the corrupt nature of the Artsakh authorities. Even though they should be a little better than Armenia in order to compensate the risk of attracting investments into a potential war zone, it seems that they behave just like any other third world country. Hetq has an article about a French-Armenian businessman who has tried to invest in NKR but as usually is the case, some powerful government officials are eying his properties.

The Azeris are going to make a lot of noise and discredit NKR so there is a dilemma - should such corrupt practices be hidden and allowed to become more and more prevalent? Or should they be made public in a hope that they are minimized. The first case has short term publicity benefits but dire results in the long term. The second approach may give the Azeris some propaganda material but once fixed, that material would disappear and hopefully seize to be beneficial for the Azeris 5-6 years after the issue is resolved.

2 comments:

Paul said...

Suppression never helped anyone. Allowing it to fester will only hurt ourselves in order to not look worse, but that's hardly a real benefit to allow the cancer to fester. I think it should be addressed, though I'm not exactly hopeful that in five or six years such sunlight will just defeat it. But we certainly have to try- and even though Azeris will get some propaganda it's nothing more than the pot calling the kettle black trying to discredit NK for having corruption.

nazarian said...

Paul, pots call kettles black all the time :)