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The labor market is the main channel through which economic growth affects poverty. This paper is the first empirical account of main channels through which the growth in transition period has affected labor market and living standards in Georgia. It is based on both the official aggregate...
Persistent link: https://www.econbiz.de/10011391608
In the period of macroeconomic crisis in Georgia between 1991 and1994 the combination of hyperinflation, catastrophic output drop and weak governance, have led to a sharp rise in inequality among households. Sharp inequities have arisen not only between households, but also between regions. This...
Persistent link: https://www.econbiz.de/10011391614