In the former Soviet System, economy was financed by state. In the new independent states formed after the collapse of the USSR at the beginnings of the 1990s, traditional financing system was impossible to keep, because post-Soviet countries began to build a market economy, though their methods...

The 25 year period of transition in newly independent post-USSR states did not bring either of them to a desired target – mid-European level of economy. Against this sad background China represents a unique example of successful economic reforms, which lead to rapid economic development and...

Central Caucasus is an important transit place for the "Great Silk Road"; an important role in it is assigned to the Baku-Tbilisi-Supsa and Baku-Tbilisi-Ceyhan oil pipeline, Baku-Tbilisi-Erzurum gas pipeline and the Baku-Tbilisi-Kars railway line which is at finishing stage of its construction,...

Doctrines which substantiated introduction of market economy elements and priority of development of real sector , e.g. industry, at certain stage of the development of national economy have held an important place in the history of economic thought. Classes were the very first to develop such...

After the collapse of the Soviet Union, at the beginning of the 1990s, Georgia regained its independence and began the process of building a market economy. It went quite painfully and was compunded by internal and external conflicts. here were dismal failures and successes in the economy. n...

Georgia is a country with a favorable geographical location, soil, climate conditions, natural and civilization resources, culture, human capital. Georgia is at the ancient transport crossroads which connected and connecting the countries of the North and South, West and East. The old Silk Road...