Caucasus in 2026: Militarization, Reconstruction, and the Rise of a Strategic Fintech Corridor
Summary The Caucasus region in 2026 is defined by a complex mix of militarization, reconstruction, and economic repositioning. Armenia and Azerbaijan rank among the world’s highest military spenders relative to GDP, reflecting persistent security tensions. Meanwhile, Azerbaijan is advancing large-scale reconstruction in Nagorno-Karabakh, aiming to transform the region economically and demographically. At the same time, […]