Blue Ocean Strategy for South Caucasus

... Nagorno-Karabakh is the latest example, as most of the ethnic quarrels in the South Caucasus are still ongoing since 1991, with Abkhazia and South Ossetia remaining de facto [ 1 ] independent from Georgia, while only one of the three recognized countries ... ... autocratic political regimes and confirmed cronyism. Some experts believe it is time for the South Caucasus countries to develop a Blue Ocean strategy [ 3 ] and abandon the idea of joining the Euro-Atlantic institutions (the EU and NATO) or Russian-led alternatives ...