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%T Industrial Development in the South Caucasus - A Comparative Perspective %A Timm, Christian %J Caucasus Analytical Digest %N 110 %P 21-31 %D 2019 %K Industrial Development; South Caucasus; Armenia; Azerbaijan; Georgia %@ 1867-9323 %~ Forschungsstelle Osteuropa an der Universität Bremen %> https://nbn-resolving.org/urn:nbn:de:0168-ssoar-87374-6 %X Against the background of amplified industrial policy initiatives, the paper reviews the development of industries in the Southern Caucasus from a comparative perspective. The analysis is organized based on four objectives in industrial policy: increasing economic performance, expanding exports, strengthening economic resilience and creating jobs. The paper explores Armenia's export-oriented development model, which lacks translation into relevant domestic value capture and job creation, Azerbaijan's failed liberation from oil-based industries and Georgia's decreased industrial development. Nevertheless, Georgia shows comparatively high domestic value capture and positive employment effects. %C DEU %G en %9 Zeitschriftenartikel %W GESIS - http://www.gesis.org %~ SSOAR - http://www.ssoar.info