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"In 2015, the South Caucasus will remain in flux because of
unresolved local conflicts, weak economic fundamentals, and continued
Russian meddling. Georgia probably will have achieved a measure of
political and economic stability, fueled in part by energy transit
revenues, but it will remain the focus of Russian attention in the
region. Armenia will remain largely isolated and is likely to remain
a Russian--or possibly Iranian--client and, therefore, a regional
wild card. Azerbaijan's success in developing its energy sector is
unlikely to bring widespread prosperity: Baku will be a one-sector
economy with pervasive corruption at all levels of society."
From: Emil Lazarian | Ararat NewsPress
"In 2015, the South Caucasus will remain in flux because of
unresolved local conflicts, weak economic fundamentals, and continued
Russian meddling. Georgia probably will have achieved a measure of
political and economic stability, fueled in part by energy transit
revenues, but it will remain the focus of Russian attention in the
region. Armenia will remain largely isolated and is likely to remain
a Russian--or possibly Iranian--client and, therefore, a regional
wild card. Azerbaijan's success in developing its energy sector is
unlikely to bring widespread prosperity: Baku will be a one-sector
economy with pervasive corruption at all levels of society."
From: Emil Lazarian | Ararat NewsPress