Catching Up and Falling Behind: The Experience of the Post-Communist Countries of the European Union and Georgia

GFSIS Expert Opinion No. 99, ISBN: 978-9941-27-876-1

19 Pages Posted: 2 Apr 2018

See all articles by Vladimer Papava

Vladimer Papava

Ivane Javakhishvili Tbilisi State University

Date Written: March 22, 2018

Abstract

The EU’s post-Communist countries as well as the EU in general are participating in the implementation of the Lisbon Strategy which aims to create an economy of knowledge. The usage of catching up is extremely important in achieving this strategy’s goals. Unfortunately, the EU’s post-Communist countries failed to create their own national innovation systems. For the EU’s post-Communist countries, falling behind are more characteristic than catching up. Unfortunately in post-Communist Georgia, the poor country consumer economic growth model has been formed which is due to the utilization of the extremely falling behind model.

Keywords: Economic Growth, Catching Up, Falling Behind, EU, Post-Communist Countries, Georgia

JEL Classification: O31, O33, O52, P27, P51

Suggested Citation

Papava, Vladimer, Catching Up and Falling Behind: The Experience of the Post-Communist Countries of the European Union and Georgia (March 22, 2018). GFSIS Expert Opinion No. 99, ISBN: 978-9941-27-876-1. Available at SSRN: https://ssrn.com/abstract=3147059

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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