Seminar paper from the year 2015 in the subject Economics - International Economic Relations, grade: 1,3, Karlshochschule International University, language: English, abstract: Over centuries, Georgia, as a geopolitical interest for Russia, has been going through the conflicts, wars, and embargos, which have had a huge effect and impact on economic developments of the country. The purpose of this seminar paper is to present and analyse reliable sources and data, which clearly support and as well challenge the argument stated and think about solutions for the international economic relations between two countries. I consider as well very crucial, to see it from different perspectives, to critically identify and measure the facts and the rules which were disobeyed, free trade which has been “governed” by state governments and violated – forgetting the wills and about the well-being of the inhabitants, therefore acting against the initial role of state government, forgetting the responsibilities towards the people living there. Main purpose of this topic is to deeply understand economic difficulties Georgia has been coming across for a long period of time, and what a big role Russia has played in it. I will be discussing and showing the arguments how much the “21st century’s economic relations rules” are disobeyed and disrespected. I will be talking about International Rankings of Georgia, how much the country has advanced since years, showing it in comparison with Russia and other European countries. Wine plays one of the most important roles in the economy of Georgia in case of exports and trading, by banning Georgian wine in Russia, Georgian economy faced a lot of difficulties. Even though, Russia was the number one in exporting Georgian Wine, and Georgia was importing a lot of products from Russia, businesses resumed several times, completely against the free trade and purely for political reasons. Why does it happen so? What is the idea behind it? The most important issues will be briefly but thoroughly discussed in my seminar paper, assuming the reasons and solutions. The topic of corruption in Georgia and Russia, comparing the two and how much Georgia achieved even considering the obstacles it has been facing. Russia forcing Georgia to join Eurasian Union – possible threats, how much illogical it is for Georgia to join, and what kind of development it can have in case of becoming a member of European Union in comparison with Eurasian Union. One of the most obvious facts will be discussed how much Russia has changed Georgian economic development and possible future threats Georgia is already facing.

The paper investigates the peculiarities of the models of economic development of Georgia and Russia. Taking into account the catch-up effect, the paper shows adjusted economic growth indicators of these countries during the post-Soviet period. Due to the presence of necroeconomy in both countries, the so-called “post-Soviet post-industrialism” is analyzed. It has been shown that both in Georgia and Russia, essentially identical consumer models of development of poor countries have established. In order to transfer to an innovative model of economic development, it is essential to stimulate the interest of the private sector of the economy.

This volume offers analyses of the basic tendencies and the problems of Russia, Eastern Europe, Transcaucasia, Central Asia, and the Baltic states. It covers the Russian economic model; the rates and proportions of the Russian economy; its real, financial, external, and social sectors; investment and fixed assets; human capital; and economic policy. East European, Transcaucasian, Central Asian and Baltic economies are then analysed using the same perspectives. This allows a comparison of the economic progress of the post-Soviet countries, highlighting the differences and the similarities between them. This book will be useful for students, professors, and businessmen interested in cooperation with the post-Soviet countries.

This book is a collection of electronic publications over the past 15 years. These articles are devoted to the political and economic problems of post-Communist Georgia in the XXI century. For Georgia, even before the collapse of the USSR, and especially in the last years of its existence, the priority was a Euro-Atlantic orientation. Georgia’s European path of development has not been an easy one. The formation of a European state in post-Communist Georgia is associated with many difficult tasks whose solution is of paramount importance for the future of this country. On June 27, 2014, the EU-Georgia Association Agreement was signed in Brussels. The agreement opened up new opportunities for Georgia to integrate into the EU. At the same time, Georgia still needs to do a lot of work for a real rapprochement with the EU and this will require many years of hard work.

A team of high-ranking members from the CIS administration and economic experts analyses the market-oriented transformations as well as specific features of the market evolving in the 12 states. Using a wide range of statistical data, the authors deal with industry, agriculture, the military-industrial complex, the scientific and social sphere, finance and investment, market infrastructure, and international trade. They develop a centrist concept for sustainable development and economic integration that offers the possibility of overcoming the current problems. Provides Western readers with an insider view of the present situation and a wealth of valuable statistical data.

Introduction : why Russia matters and how -- Russia's historical roots -- Political development : from disorder to recentralization of power -- Russia's economic revival : past recovery, future challenges -- Policy on oil and gas -- International economic integration, trade policy, and investment -- Challenges of demography and health -- Russian attitudes toward the West -- Russia as a post-imperial power -- Pressing the "reset button" on US-Russia relations -- Key facts on Russia, 2000-2008.