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...

The paper investigates the peculiarities of the models of economic development of Georgia and Russia. Taking into account the catch-up effect, the paper shows adjusted economic growth indicators of these countries during the post-Soviet period. Due to the presence of necroeconomy in both...

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...

The paper discussed the problem of the vision about the issues concerning the direction of development of Georgia's economy after the restoration of the country's independence and the model upon which it should be based. The victory of the Georgian Dream coalition in the Parliamentary elections...

The Central Caucasian economies suffer from the same basic problems as all the other post-Communist countries with the global financial crisis having created some general threats for all of the post-Communist countries of the world. Unlike developed economies, which are exposed to the threat of...

Currently, the Black Sea Region1 is not as integrated economically as to allow one to outline some common development trends of all regional economies. The most of the region's nations (Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Moldova, Romania, Russia, Serbia, and Ukraine), except Greece...