Source: Christian Science Monitor
by staff
“One trend of recent decades has been that of small countries trying to prevent a foreign invasion by making themselves indispensable to big countries around them. Singapore, Taiwan, and the United Arab Emirates, for example, have become global tech hubs or finance centers. A would-be invader might think twice before destroying what it is dependent on. The secret of this strategy? Build up trust in your economy and bring out the creativity of your people. Rely on qualities more than on armaments. Now Armenia, population under 3 million, is racing to go down the path of becoming the next Silicon Valley – especially after seeing Russia invade Ukraine. In fact, the former Soviet state got a big head start in 2022 when thousands of Russian techies fled their country after the invasion and chose Armenia, a democracy, because of its ecosystem of hundreds of dynamic tech startups.” (10/30/24)