Comparative Advantages of the Central Caucasian Countries: Potential, Realized, and Missed Opportunities

The Caucasus & Globalization, Vol. 1, No. 1, 2006

10 Pages Posted: 3 Dec 2012

See all articles by Vladimer Papava

Vladimer Papava

Ivane Javakhishvili Tbilisi State University

Date Written: 2006

Abstract

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. It focuses particular attention on the development of the Central Caucasus’ transportation and communication networks. The comparative advantages of the region’s states can only be optimally realized if the territorial conflicts, which are having a negative effect on the development of these countries, are settled.

Keywords: Central Caucasus, comparative advantages, geo-economic factors, transportation, development policy

JEL Classification: Q48, R41, R58

Suggested Citation

Papava, Vladimer, Comparative Advantages of the Central Caucasian Countries: Potential, Realized, and Missed Opportunities (2006). The Caucasus & Globalization, Vol. 1, No. 1, 2006. Available at SSRN: https://ssrn.com/abstract=2184325 or http://dx.doi.org/10.2139/ssrn.2184325

Vladimer Papava (Contact Author)

Ivane Javakhishvili Tbilisi State University ( email )

1, Ilia Tchavtchavadze avenue
Tbilisi, Tbilisi 0179
Georgia
+995 32 222-0241 (Phone)
+995 32 222-5107 (Fax)

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