Daron Acemoglu and James Robinson argue in their book “Why Nations Fail”[1] that, “society has the opportunity to develop when it has inclusive, that is, pluralistic political institutions that treat everyone's interests equally and fairly. Institutions that do the opposite are exploitative political institutions that serve the interests of a small group or elite.” Exploiting political institutions concentrate power in the hands of a small elite...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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