Georgia's Economy: From Optimism to Primitivism
GFSIS, Expert Opinion, No. 75, ISBN 978-9941-0-9766-9
25 Pages Posted: 25 Mar 2017
Date Written: March 21, 2017
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: Suggested Citation