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- Title
PROSPECTS FOR THE ECONOMIC DEVELOPMENT OF GEORGIA AND THE IMPORTANCE OF ENERGY AND TRANSPORT POTENTIALS.
- Authors
Giorghelidze, Demur
- Abstract
The South Caucasus region has the potential to become a major economic hub, but it faces a number of challenges, including: Lack of regional cooperation: The three countries in the region - Georgia, Azerbaijan, and Armenia - have a history of conflict and mistrust. This has hindered cooperation on economic issues, such as trade, transportation, and energy; Inefficient institutions: The institutions in the South Caucasus are often weak and inefficient. The region has a young and growing population, and it is located at a strategic crossroads between Europe and Asia. With the right policies, the South Caucasus can become a prosperous and stable region. The document discusses a number of specific initiatives that could help to promote economic growth in the South Caucasus. These include: Building a new transport corridor: The construction of a new transport corridor linking the South Caucasus with Europe and Asia would boost trade and investment; Developing the tourism industry: The South Caucasus is a beautiful and historic region with a lot to offer tourists.
- Subjects
SOUTH Caucasus; GEORGIA; ECONOMIC development; REGIONAL cooperation; POTENTIAL energy; ROAD interchanges &; intersections; TRANSPORTATION corridors; TOURISM; ECONOMIC expansion
- Publication
German International Journal of Modern Science / Deutsche Internationale Zeitschrift für Zeitgenössische Wissenschaft, 2023, Issue 66, p14
- ISSN
2701-8369
- Publication type
Article
- DOI
10.5281/zenodo.10021663