On 28th of May Vardan Baghdasaryan successfully defended his Thesis “Essays on Political Economy” at the Catholic University of Milan, Italy. In his thesis Vardan investigates the effect of electoral fraud on voter participation and analysis role of political support on the development of rule of law in transition economies. The international jury, consisting of three prominent scholars from Belgium, Spain and UK awarded Vardan PhD degree (Dottore di Ricerca) in Economics.