During its independence, post-Communist Georgia has not been able to create an economic system that would serve as the basis for its sustainable economic development. Neither have the reforms conducted after the "Rose Revolution" met the expectations. A consumer economy, typical for poor...

In the last decade of XX century, has expanded the area of capital movements, which included the former socialist countries. Thus, the countries that are attracting some of the centers of the capital and at the same time, participate in the export of capital, it is impossible not to have engaged...

The paper analyze the economic models of the well-known Eurasianist doctrine of Russian imperial thinking and the Eurasian Economic Union (EAEU). In the modern era of globalization, an alliance of countries on the basis of the Eurasianist economic model is impossible to establish. The newly...

Entrepreneurship reinforces the economic growth of a country. Therefore, most countries, especially developing ones, are striving to create new policies and implement actions in order to support entrepreneurial processes through the establishment of a business-friendly environment. However,...

Since the collapse of the Soviet Union, clandestine Russian-Georgian business clans have plagued the Georgian economy. The extent of these deeply entrenched business groups, directly connected with the political elite in the post-Soviet Georgia, have largely contributed to the generational...

Paul Wolfowitz, President of the World Bank, and Ambassador Andrew Young engaged in a roundtable discussion on economic development, moderated by Dean Bahl of Georgia State. Wolfowitz has made Africa the first priority of the Bank. There is really a chance for Africa to turn the corner. It's...

The goal of the present paper is to analyze changes in the compositional structures of Georgia's economy, explore the related qualitative transformations and explain implications for trade and development. By comparing the evidence of several European countries, we put Georgia's structural...

While output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed had varied widely across the transition countries. The paper examines some aspects of transition experiences of 1990s and the dynamics of GDP in Georgia during...