This article analyzes the comparative advantages of the Central Caucasian states. Keeping in mind the geopolitical and geo-economic factors influencing the states of the region, it identifies the comparative advantages of its countries in terms of potential, realized, and missed opportunities....

The paper deals with the design of the framework for the energy co-operation opportunities in the Caucasus, based on the paradigm of 'pipelines harmonization.' Azerbaijan has a clear comparative advantage. Because of the special geographic features of the Caucasus, the use of Azerbaijan’s...

The article examines two regional railway projects, one of which — Kars-Akhalkalaki-Tbilisi-Baku (KATB) — is already reaching completion and the second — restoration of the Abkhazian Section of the Trans-Caucasian Railway (ASTCR) — is still being discussed at the political level. The...

Many of today's researchers of the Caucasus focus in particular on analyzing ways to achieve peaceful settlement of the conflicts in the Caucasus, while only a few publications are devoted to the state of economic interrelations in the region and their development prospects. The goal of the book...

Paper provides an analysis of public debt problem in the Caucasian countries of Armenia, Azerbaijan, Georgia, Iran, Russia and Turkey during the economic crisis under the COVID-19 pandemic. It also discussed some closely related issues, such as inflation, economic growth, employment,...