Necroeconomics of Post-Soviet Post-Industrialism and the Model of Economic Development of Georgia and Russia

Journal of Business and Economics, Vol. 6, No. 5, pp. 976-983, May 2015, DOI: 10.15341/jbe(2155-7950)/05.06.2015/012

8 Pages Posted: 29 Aug 2015

See all articles by Vladimer Papava

Vladimer Papava

Ivane Javakhishvili Tbilisi State University

Date Written: August 27, 2015

Abstract

In post-Soviet economies, the decrease in the share of industry was not due to the growth of high-quality innovative services but, rather, an immediate decline in industrial production. The reason for this was the phenomenon of “necroeconomy” which combines so-called dead enterprises (because of the inability to produce competitive goods) and is the result of the negation of competition in a command economy. It has been shown that both in Georgia and Russia, essentially identical consumer models of development of poor countries have established.

Keywords: necroeconomics, post-Soviet post-industrialism, consumer models of development, poverty, supply stimulation

JEL Classification: O14, O57, P23, P31, P52

Suggested Citation

Papava, Vladimer, Necroeconomics of Post-Soviet Post-Industrialism and the Model of Economic Development of Georgia and Russia (August 27, 2015). Journal of Business and Economics, Vol. 6, No. 5, pp. 976-983, May 2015, DOI: 10.15341/jbe(2155-7950)/05.06.2015/012. Available at SSRN: https://ssrn.com/abstract=2652386

Vladimer Papava (Contact Author)

Ivane Javakhishvili Tbilisi State University ( email )

1, Ilia Tchavtchavadze avenue
Tbilisi, Tbilisi 0179
Georgia
+995 32 222-0241 (Phone)
+995 32 222-5107 (Fax)

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