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...

The paper analyzes the role of the International Monetary Fund (IMF) in the process of economic development of independent Georgia. Remarkable achievements have been accomplished in cooperation between post-Communist Georgia and the IMF. There were some errors too. Most of the latter should be...