Confrontational globalization: challenges, threats and prospects for the economy of Georgia
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Date
2024
Authors
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Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
In summary, contemporary confrontational globalization necessitates an examination within a broader civilizational
framework, characterized by the conflict between transcontinental and transoceanic paradigms.
The prevailing transoceanic model of globalization, notably the “Pan-Americana,” faces a significant challenge
at present, with the contours of a multipolar global order progressively crystallizing.
Confrontational globalization entails threats and risks for Georgia while also providing a fresh opportunity
for successful positioning our country's economy in the global arena. Notably, the advent of the “Middle Corridor”
megaproject presents an unprecedented advantageous position for Georgia, demanding a meticulous realization.
To this end, we endorse the following imperative actions:
The modernization of extant transport infrastructure and the construction of novel facilities;
The establishment of a unified transshipment tariff encompassing the entire “corridor”;
The refinement of the legal framework;
The establishment of transportation and logistics hubs and the optimization of cargo flow management;
The establishment of a transnational company providing services to cargo owners under a “one window”
principle.
Our fundamental objective is to seamlessly align with the shared interests of the East-West axis, notably
the China-EU connection, and to leverage to the fullest extent the free trade agreements concluded with both
China and the EU.
Description
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Keywords
Citation
IX International Scientific Conference: "Challenges of Globalization in Economics and Business", Proceedings , Tbilisi, 2024, pp. 248-256