South Caucasus in Motion
The people of the South Caucasus aspire for their countries to become strong middle-class societies, and they are on track to make that aspiration a reality. Two decades of social and economic progress have changed the societies of Armenia, Azerbai...
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World Bank, Washington, DC
2019
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Online Access: | http://documents.worldbank.org/curated/en/614351556553124178/South-Caucasus-in-Motion http://hdl.handle.net/10986/31620 |
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okr-10986-316202021-09-16T13:35:48Z South Caucasus in Motion World Bank Group SPATIAL DISPARITY POVERTY INEQUALITY ACCESS TO EDUCATION ACCESS TO BASIC SERVICES LABOR MARKET ECONOMIC MOBILITY LABOR MOBILITY EDUCATION ATTAINMENT SOCIAL PROTECTION HUMAN CAPITAL The people of the South Caucasus aspire for their countries to become strong middle-class societies, and they are on track to make that aspiration a reality. Two decades of social and economic progress have changed the societies of Armenia, Azerbaijan, and Georgia. The notable improvements that people in the region have experienced are reflected in better living standards that allowed poverty to be reduced by half in the 12 years between 2005 and 2017. Yet, to consolidate middle-class societies, the governments of the South Caucasus need to do more to achieve the stability and resilience enjoyed by their more advanced peers in Europe and Central Asia. Sustainable economic growth, poverty reduction, and shared prosperity require that the full potential of all geographical and administrative areas, population groups, and economic sectors be realized. This boo analyzes spatial, social, and economic mobility in the South Caucasus. The book argues that Armenia, Azerbaijan, and Georgia have not yet integrated important geographical areas and population segments in full economic participation and social development. Economic gains have not been uniformly and equitably translated into greater welfare and opportunity among all households and individuals. The main conclusion is that sustainable growth, poverty reduction, and the consolidation of the middle class require that the institutional and physical foundations of greater and more equitable economic and social mobility be secured in the South Caucasus. Understanding and removing the constraints to the development of lagging districts; leveraging opportunities for agglomeration; linking geographical areas, peoples, and markets; fostering equality in access to better jobs; and making sure that high-quality education and basic services are available to all individuals and areas are crucial. 2019-05-06T15:30:54Z 2019-05-06T15:30:54Z 2019-01 Report http://documents.worldbank.org/curated/en/614351556553124178/South-Caucasus-in-Motion http://hdl.handle.net/10986/31620 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Economic & Sector Work Economic & Sector Work :: Other Poverty Study Europe and Central Asia Armenia Azerbaijan Georgia |
repository_type |
Digital Repository |
institution_category |
Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
language |
English |
topic |
SPATIAL DISPARITY POVERTY INEQUALITY ACCESS TO EDUCATION ACCESS TO BASIC SERVICES LABOR MARKET ECONOMIC MOBILITY LABOR MOBILITY EDUCATION ATTAINMENT SOCIAL PROTECTION HUMAN CAPITAL |
spellingShingle |
SPATIAL DISPARITY POVERTY INEQUALITY ACCESS TO EDUCATION ACCESS TO BASIC SERVICES LABOR MARKET ECONOMIC MOBILITY LABOR MOBILITY EDUCATION ATTAINMENT SOCIAL PROTECTION HUMAN CAPITAL World Bank Group South Caucasus in Motion |
geographic_facet |
Europe and Central Asia Armenia Azerbaijan Georgia |
description |
The people of the South Caucasus aspire
for their countries to become strong middle-class societies,
and they are on track to make that aspiration a reality. Two
decades of social and economic progress have changed the
societies of Armenia, Azerbaijan, and Georgia. The notable
improvements that people in the region have experienced are
reflected in better living standards that allowed poverty to
be reduced by half in the 12 years between 2005 and 2017.
Yet, to consolidate middle-class societies, the governments
of the South Caucasus need to do more to achieve the
stability and resilience enjoyed by their more advanced
peers in Europe and Central Asia. Sustainable economic
growth, poverty reduction, and shared prosperity require
that the full potential of all geographical and
administrative areas, population groups, and economic
sectors be realized. This boo analyzes spatial, social, and
economic mobility in the South Caucasus. The book argues
that Armenia, Azerbaijan, and Georgia have not yet
integrated important geographical areas and population
segments in full economic participation and social
development. Economic gains have not been uniformly and
equitably translated into greater welfare and opportunity
among all households and individuals. The main conclusion is
that sustainable growth, poverty reduction, and the
consolidation of the middle class require that the
institutional and physical foundations of greater and more
equitable economic and social mobility be secured in the
South Caucasus. Understanding and removing the constraints
to the development of lagging districts; leveraging
opportunities for agglomeration; linking geographical areas,
peoples, and markets; fostering equality in access to better
jobs; and making sure that high-quality education and basic
services are available to all individuals and areas are crucial. |
format |
Report |
author |
World Bank Group |
author_facet |
World Bank Group |
author_sort |
World Bank Group |
title |
South Caucasus in Motion |
title_short |
South Caucasus in Motion |
title_full |
South Caucasus in Motion |
title_fullStr |
South Caucasus in Motion |
title_full_unstemmed |
South Caucasus in Motion |
title_sort |
south caucasus in motion |
publisher |
World Bank, Washington, DC |
publishDate |
2019 |
url |
http://documents.worldbank.org/curated/en/614351556553124178/South-Caucasus-in-Motion http://hdl.handle.net/10986/31620 |
_version_ |
1764474801841242112 |