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This book discusses the period before and after the Soviet collapse and the impact on Georgia’s economy and society. It examines the political economy and the technicalities of Georgia’s groundbreaking reforms in 2004-2012 and how they were part of the broad state-building and modernization effort. The author elaborates on the three main pillars of Georgia’s growth and investor outreach: health of the sovereign balance sheet, soundness of the business environment and the efficiency of the banking sector. The book also provides cross-country discussion to show how the state building lessons…mehr
This book discusses the period before and after the Soviet collapse and the impact on Georgia’s economy and society. It examines the political economy and the technicalities of Georgia’s groundbreaking reforms in 2004-2012 and how they were part of the broad state-building and modernization effort. The author elaborates on the three main pillars of Georgia’s growth and investor outreach: health of the sovereign balance sheet, soundness of the business environment and the efficiency of the banking sector. The book also provides cross-country discussion to show how the state building lessons from Georgia could be applied to other similar economies and will be of interest to scholars and professionals in the fields of public finance and economic growth.
Dimitri Gvindadze was the Deputy Finance Minister and the Finance Minister of Georgia from 2005-2012. He was Lead Economist of the European Bank for Reconstruction and Development (EBRD) responsible for Eastern Europe and the Caucasus from 2014-2015, and has been the EBRD Country Head in Moldova since 2016.
Inhaltsangabe
Chapter 1: The escape velocity of reforms.- Chapter 2: Georgia’s “J-curve”.- Chapter 3: Political economy of Georgia’s reforms in 2004-2012: the ten commandments.- Chapter 4: Pillars of Georgia’s growth and of investor outreach in 2004-2012.- Chapter 5: The outcome: sound growth, significant inbound investment, substantially reduced corruption.- Chapter 6: The limits and the virtues of the public action: the example of agriculture.- Chapter 7: Riding the Bicycle.
Chapter 1: Reforms, state building and the legacy.- Chapter 2: The Soviet Union - the twilight.- Chapter 3: 1991-2003: early Post-Soviet Transition and the Revolution of Roses.- Chapter 4: Georgia's J-curve. How to rebound?.- Chapter 5: Russia.- Chapter 6: Public leadership.- Chapter 7: The Ten Commandments of State-Building.- Chapter 8: National governance.- Chapter 9: Size and effectiveness of a government.- Chapter 10: Structure of a public expenditure.- Chapter 11: Market-based approach in agriculture and healthcare.- Chapter 12: Pensions and public sector salaries.- Chapter 13: Public debt, capital markets and international assistance.- Chapter 14: Wealth generation, taxes, customs, trade and logistics.- Chapter 15: De-regulation, privatization, public services and competition.- Chapter 16: Banking.- Chapter 17: Territorial development and urbanization.- Chapter 18: Dollarization - a thought framework.- Chapter 19. Parliamentary elections in 2012.- Chapter 20. The marginof error.
Chapter 1: The escape velocity of reforms.- Chapter 2: Georgia’s “J-curve”.- Chapter 3: Political economy of Georgia’s reforms in 2004-2012: the ten commandments.- Chapter 4: Pillars of Georgia’s growth and of investor outreach in 2004-2012.- Chapter 5: The outcome: sound growth, significant inbound investment, substantially reduced corruption.- Chapter 6: The limits and the virtues of the public action: the example of agriculture.- Chapter 7: Riding the Bicycle.
Chapter 1: Reforms, state building and the legacy.- Chapter 2: The Soviet Union - the twilight.- Chapter 3: 1991-2003: early Post-Soviet Transition and the Revolution of Roses.- Chapter 4: Georgia's J-curve. How to rebound?.- Chapter 5: Russia.- Chapter 6: Public leadership.- Chapter 7: The Ten Commandments of State-Building.- Chapter 8: National governance.- Chapter 9: Size and effectiveness of a government.- Chapter 10: Structure of a public expenditure.- Chapter 11: Market-based approach in agriculture and healthcare.- Chapter 12: Pensions and public sector salaries.- Chapter 13: Public debt, capital markets and international assistance.- Chapter 14: Wealth generation, taxes, customs, trade and logistics.- Chapter 15: De-regulation, privatization, public services and competition.- Chapter 16: Banking.- Chapter 17: Territorial development and urbanization.- Chapter 18: Dollarization - a thought framework.- Chapter 19. Parliamentary elections in 2012.- Chapter 20. The marginof error.
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