SouthCaucasus: @jelger_ Institutional development – the opportunity costs are far too high for all political sides. Who benefits from it? And who remains on the sidelines as a spectator…? No one will emerge from it economically stronger! And now, the Russians, the Chinese are probably better invested.

Institutional development – the opportunity costs are far too high for all political sides. Who benefits from it? And who remains on the sidelines as a spectator…? No one will emerge from it economically stronger! And now, the Russians, the Chinese are probably better invested.

— Notes from Georgia/South Caucasus (Hälbig, Ralph) (@SouthCaucasus) July 9, 2024