Regional Railways in the Central Caucasus and Georgia’s Economic Interests

The Caucasus & Globalization, Vol. 8, Iss. 1-2, 2014

10 Pages Posted: 10 Oct 2014

See all articles by Vladimer Papava

Vladimer Papava

Ivane Javakhishvili Tbilisi State University

Vakhtang Charaia

Ivane Javakhishvili Tbilisi State University (TSU)

Date Written: October 8, 2014

Abstract

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 article also looks at such important aspects of both projects as construction or restoration cost, financial and freight turnover, profitability, direct and indirect economic benefits, and social effects. It also gives recommendations for improving these regional railway transportation projects.

Keywords: railway, regional cooperation, the Central Caucasus, investments, transport corridors

JEL Classification: R19, R41, R58

Suggested Citation

Papava, Vladimer and Charaia, Vakhtang, Regional Railways in the Central Caucasus and Georgia’s Economic Interests (October 8, 2014). The Caucasus & Globalization, Vol. 8, Iss. 1-2, 2014. Available at SSRN: https://ssrn.com/abstract=2507413

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)

Vakhtang Charaia

Ivane Javakhishvili Tbilisi State University (TSU) ( email )

1, Ilia Tchavtchavadze avenue
Building I
Tbilisi, 0179
Georgia
+995-593-13-18-11 (Phone)
+995-32-222-5107 (Fax)

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