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...

Introduction: the puzzle of growth in dictatorships -- Network theory of private protection -- Political institutions and consolidated dictatorship -- Private policies -- Stable pool of private enforcers -- Network of private protection -- Conclusion -- Appendix: Network data -- Notes --...