This paper deals with the experience gained in the area of poverty reduction and private sector development in Georgia. The Economic Development and Poverty Reduction Programme approved by the President of Georgia in 2003 has never been implemented because the Georgian Government had neither the...

The corruption is a secondary phenomenon, because there are economic preconditions causing it. Unless the achievement of macroeconomic stability and the formation of the institutions appropriate to a market economy reach their logical ending, both of them may become the cause of corruption in...

It was always maintained by Soviet theorists that the distinguishing feature of the Soviet socialist or Communist economy would be centralized economic planning. This was their sine qua non and all discussions over the Soviet economic model revolved around two questions: what should be the...

China did not adopt a modern Property Rights Law until 2007, which means that most modern real estate development occurred before there was a comprehensive property law to govern it. Moreover, business conventions in China frequently diverge from published laws, and the rules that professionals...

Similarly to other post-Communist countries Georgia also embarked transition from a command economy to a market economy. The Georgian experience of reforming its economy should be considered interesting as the country succeeded in overcoming the hyperinflation and the economic downturn was...

The North Korean economy has been a statistical black hole for decades but is undergoing substantial transformations. Rapid post-war industrialisation was not sustained beyond the mid-1960s and South Korea’s economy far outpaced North Korea’s during the next three decades, during which trend...

A neoliberális felfogás hívei azt feltételezik, hogy a posztszocialista átalakulás során a piacok önépítő módon működnek. Az állampárti nézetek új képviselői viszont az államtól várják a piacgazdaság kiformálását. A szerzők szerint e dichotómia megha- ladható, mert...