Georgian Economy: Main Directions and Initial Results of Reforms
From ‘Shock Therapy’ to ‘Social Promotion’
Abstract
The question is often posed of when the economic reform started in Georgia. In my opinion the period from 1989, when the idea of national independence embraced the whole society, should be considered as its starting-point. It became a turning-point for both economists and those claiming to know economies, resulting in the creation of a number of interesting new concepts linked to the idea of economic independence (Papava, 1990). This first stage can conventionally be called the stage of naïve comprehension.
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