Global Economic Crisis: Is Georgia At Risk?
AbstractMost of countries have been generally badly affected by the tremendous global financial crisis and economic downturn happening recently. It is really difficult to predict the timing and magnitude of events caused by the global economic crises, the effects of the crisis vary from country to country. It has become a serious problem not only for those countries which belong to the world of unprecedented financial globalization, where the financial sector plays a historically large role in economic activity, but it is also an "imported crisis" (G20 Financial Ministers' Meeting, November,2008) for low-income countries (LICs) as well. Although Georgia's economy is quite small, it is not isolated from the recession dilemma facing the world economy. This article tries to survey those sectors of Georgian economy which are regarded as having suffered the most because of the financial crisis spreading around the globe. This paper is kind of attempt to find out what are the optimal measures to recover from the post-August war condition and how to avoid direct influence of the global crisis on Georgian economy.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoArticle provided by International Black Sea University in its journal IBSU Scientific Journal.
Volume (Year): 3 (2009)
Issue (Month): 2 ()
Contact details of provider:
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
global; crisis; Georgia;
Find related papers by JEL classification:
- I31 - Health, Education, and Welfare - - Welfare, Well-Being, and Poverty - - - General Welfare, Well-Being
- O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Salavat Sayfullin).
If references are entirely missing, you can add them using this form.