Georgia's Economy: From Optimism to Primitivism

GFSIS, Expert Opinion, No. 75, ISBN 978-9941-0-9766-9

25 Pages Posted: 25 Mar 2017

See all articles by Vladimer Papava

Vladimer Papava

Ivane Javakhishvili Tbilisi State University

Date Written: March 21, 2017

Abstract

The “Georgian Dream” government, having won the 2012 and 2016 parliamentary elections, in the early stages of its tenure, took a number of steps associated with economic optimism among which the signature of the Association Agreement with the EU is of historical significance. The government’s adoption of the Social-Economic Development Strategy of Georgia – 2020 was essential, consolidating the government’s aspiration to establish knowledge-based economy. Unfortunately, these optimistic measures have yet to be further developed and expanded. The root cause for Georgian economic primitivism lies in unprofessionalism and the denial of the universally recognized knowledge of economics, contemporary geopolitics and geoeconomics.

Keywords: economic optimism, economic primitivism, Association Agreement with the EU, DCFTA, post-Soviet Georgia

JEL Classification: P21, P29, P34, P37, R48

Suggested Citation

Papava, Vladimer, Georgia's Economy: From Optimism to Primitivism (March 21, 2017). GFSIS, Expert Opinion, No. 75, ISBN 978-9941-0-9766-9 . Available at SSRN: https://ssrn.com/abstract=2939627 or http://dx.doi.org/10.2139/ssrn.2939627

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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