First steps and initial results of reforms -- Role of the international Monetary Fund in the transformation of Georgian economy before the "Rose Revolution" -- The pre-revolutionary state of Georgia's economy -- The post-revolutionary development of Georgia's economy -- Economic challenges for...

The “Georgian Dream” government, having won the 2012 and 2016 parliamentary elections, in the early stages of its tenure, took a number of steps associated with economic optimism among which the signature of the Association Agreement with the EU is of historical significance. The...

The paper offers a new view of the process of post‐Communist transformation of an economy. The collapse of the Communist regime had the result that with rare exceptions all goods produced in these countries were incompatible with international standards due to low quality and/or high prices....