The South Caucasus 2021: Oil, Democracy and Geopolitics

A retrospective of the 20 years of independence experienced by the countries of the South Caucasus clearly demonstrates the difficulties involved in building a state and restoring an economy after more than 70 years of Soviet rule. Each one of the three post-Soviet republics of the South Caucasus – Azerbaijan, Georgia and Armenia – has chosen its own path of development; each is developing its own particular model of political, economic and socio-cultural transformation. At the same time, the se...