The author criticizes the Georgian president for corrupt, populist, and incompetent economic policies and the IMF and World Bank for conniving at these policies for unprofessional reasons.

Since its declaration of independence, Georgia has failed to create an economic system that can provide the basis for stable economic development. The expectations and reforms undertaken after the "Rose Revolution" have not been met. What has developed as a result is a poor country's consumer...

We find that direct comparisons of economic growth by region are not constructive due to the catch-up effect, so certain preconditions must be taken into account. We propose adjusting levels of economic growth based on a hypothesis of proportional overlap for the catch-up effect, after which...

The fall of 2003 appeared to be a turning point in the history of independent Georgia: during November 22--23, Georgia witnessed a Rose Revolution. This event was caused by the harmful social consequences of a number of negative factors, including economic ones. Relatively high level of...