Blue Ocean Strategy for South Caucasus

... recognized countries and the three de facto /partially recognized states–Abkhazia, South Ossetia, Nagorno-Karabakh–having close SWOT profiles. Michael Lambert: From the Soviet Riviera to Bitcoin's Paradise: The Unforeseen Case of Abkhazia As such, the SWOT matrix underlines the countries’ profiles in the South Caucasus, and difficulties seem to stem from weak institutions, with an enforced... ... 5 ]. Nonetheless, the external threat is presented as the main one (e.g. Russia in Georgia and Turkey/Azerbaijan in Armenia), while the problems seem to be mostly domestic, having a lot...