Business Studies
Volume: 77 , Issue: 1 , May Published Date: 01 June 2021
Publisher Name: IJRP
Views: 884 , Download: 645 , Pages: 81 - 87
DOI: 10.47119/IJRP100771520211963
Publisher Name: IJRP
Views: 884 , Download: 645 , Pages: 81 - 87
DOI: 10.47119/IJRP100771520211963
Authors
# | Author Name |
---|---|
1 | Davit Shatakishvili |
Abstract
The global pandemic crisis in 2020 was followed by a military conflict in the South Caucasus. Along with exacerbating regional threats and the economic recession, the confrontation has significantly altered the pre-existing geopolitical situation in the region. These processes have led regional actors to strengthen strategic positions, as well as the new transport and trade opportunities have emerged. The aim of the paper is to review the stand-off results and the regional postures of the countries in the light of the changed circumstances. Additionally, the study evaluates the potential of the South Caucasus New Transit Road, neighborhood interests and prospective threats for Georgia to lose its dominance as a regional transit hegemon. Furthermore, the article analyzes the role of Georgia in regional conveyance and discusses the factors that will help the country increase its national competitiveness. It is crucial to see and analyze the existing affairs from a wide angle, in order to make future reasonable decisions.