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...

Full description

Bibliographic Details
Main Author: World Bank Group
Format: Report
Language:English
Published: World Bank, Washington, DC 2019
Subjects:
Online Access:http://documents.worldbank.org/curated/en/614351556553124178/South-Caucasus-in-Motion
http://hdl.handle.net/10986/31620
id okr-10986-31620
recordtype oai_dc
spelling 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