Decline in public interest to "pure" economic theory is disturbing fact. This paper considers the main macroeconomic hypothesis through their implementation in practice - macroeconomic policies in the USA, in post-soviet countries (Russia and Georgia) and Turkey as well. Stabilization policy of...

The City of Batumi, Georgia had suffered from a complete disintegration in public transport after the collapse of the Soviet Union in the 1990s. However, recently the city has undergone a revival period that has seen investment in all municipal sectors, including public transport. The...

Armenia and Georgia are taking the climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways, including preparation of low-carbon development strategies for their future economic growth. The improvement of energy efficiency is one of...

This Public Expenditure and Financial Accountability (PEFA) assessment provides an updated and systematic diagnostic of the Public Financial Management (PFM) system in Georgia and provides mid-2007 as a base line for complementing the Government's efforts to monitor progress in the PFM reforms...

Georgia has emerged from its second lockdown that was imposed in November 2020 following a sharp increase in COVID-19 cases. Vaccinations commenced in March 2021 and the country is now entering a critical stage in overcoming the pandemic. The lockdowns drove a contraction of around 6.2 percent...

Armenia and Georgia are taking the climate change agenda seriously and contributing to efforts for mitigating global climate change through various ways, including preparation of low-carbon development strategies for their future economic growth. The improvement of energy efficiency is one of...