The Transformation of Georgia from 2004 to 2012

State building, Reforms, Growth and Investments

Dimitri Gvindadze

• Publisher: Palgrave Macmillan
• Year: 2017
• ISBN:
  9783319592015
• Topic: Economics
• Subtopic: Public Finance
• Index: Economics

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.

Table of contents

• Contents
• List of Figures
• List of Tables
• List of Boxes
• Prologue. Who Creates Wealth?
• 1 The Escape Velocity of Reforms
• 2 Georgia’s “J-Curve”
• 3 Political Economy of Georgia’s Reforms in 2004–2012: The Ten Commandments
• 4 Pillars of Georgia’s Growth and of Investor Outreach in 2004–2012
• 5 The Outcome: Sound Growth, Significant Inbound Investment, Substantially Reduced Corruption
• 6 The Limits and the Virtues of the Public Action: The Example of Agriculture
• 7 Riding the Bicycle
• Erratum to: The Transformation of Georgia from 2004 to 2012
• Bibliography
• Index