Economic Growth in Georgia: Historical Perspectives and Prognosis
AbstractWhile output declined in virtually all transition economies in the initial years, the speed and extent of the recovery that followed has varied widely across these countries. The paper examines some aspects of transition experiences of 1990s and dynamics of GDP in Georgia during transition recession and following post-recession recovery. Economic growth is considered as complex and comprehensive phenomenon. The prognostic econometric model of Georgian GDP is developed.
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Bibliographic InfoArticle provided by International Black Sea University in its journal IBSU Scientific Journal.
Volume (Year): 2 (2008)
Issue (Month): 1 ()
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Postal: D. Agmashenebeli Kheivani 13th km, No 2, Tbilisi
Web page: http://www.ibsu.edu.ge/Icerik.aspx?ID=381&Page1=150&Page2=WELCOME
More information through EDIRC
economic growth; GDP; transitional economy; Georgia; prognostic model; regression; non â€“linear trend;
Find related papers by JEL classification:
- N15 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - Asia including Middle East
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