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.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Russo-Georgian War 7th August 2008
- A trade war against Georgia?!
- Imports and exports between Russia and Georgia and the big economic dependency of Georgia on Russia
- International Rankings of Georgia
- The State ... The Market
- Eurasian Union......
- Conclusion...
- Bibliography..
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This seminar paper aims to present and analyze reliable sources and data to support and challenge the argument regarding the international economic relations between Georgia and Russia. The paper critically identifies and measures the facts and rules that were violated, particularly in relation to free trade, highlighting the role of state governments and their responsibilities towards their people. The paper also aims to understand the economic difficulties Georgia has faced and the role Russia has played in them, particularly regarding the violation of 21st-century economic relations rules.
- The economic impact of the Russo-Georgian War on Georgia
- The role of Russia in shaping Georgia's economic development
- The implications of Georgia's economic dependence on Russia
- The impact of trade wars and political motivations on free trade between Georgia and Russia
- The challenges and opportunities for Georgia in relation to the Eurasian Union and the European Union
Zusammenfassung der Kapitel (Chapter Summaries)
- Introduction: This chapter introduces the topic of Georgia's economic difficulties and Russia's role in them. It discusses the historical context of the relationship and the violation of free trade principles.
- Russo-Georgian War 7th August 2008: This chapter examines the impact of the Russo-Georgian War on Georgia's economy, specifically focusing on the GDP real growth and unemployment rates. It presents graphs illustrating the significant decline in GDP and the rise in unemployment following the war.
- A trade war against Georgia?!: This chapter explores the trade war initiated by Russia against Georgia, discussing the rationale behind it and its consequences for free trade between the two countries. It highlights the impact of Georgia's trade relations with the EU and Russia's perceived threat from "cheap products from EU".
Schlüsselwörter (Keywords)
The primary keywords and focus topics of this paper include: Russo-Georgian War, economic relations, free trade, trade war, Georgia, Russia, international rankings, Eurasian Union, European Union, corruption, geopolitical interests, economic dependency, GDP real growth, unemployment rate, comparative cost advantages, and the "Lassez-faire" principle. The paper examines the impact of political motivations and historical conflicts on the economic development of Georgia and its relations with Russia.
- Quote paper
- Nino Khachiashvili (Author), 2015, Russia blocking economic development of Georgia, Munich, GRIN Verlag, https://www.grin.com/document/356314
