Jena-Cauc Working Papers

  • How Resilient are the Economies of the South Caucasus? Economic vulnerabilities of the South Caucasus Countries and the Relevance of the Eastern Partnership Policy

    Elguja Khokrishvili

    Free University Berlin

    This paper discusses the economic dynamics of the countries of the South Caucasus during their transition periods and the development gaps in their ex-post phases of the most relevant crises that have affected the region. The analysis places three countries of the European Union's Eastern Partnership within the Resilience Framework and highlights the main sources of various internal vulnerabilities that must be addressed in order to strengthen the capacity for economic resilience within the countries.

    Keywords: economic resilience, Eastern Partnership, economic crises, South Caucasus, vulnerability

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