Export Performance in Transition: The Case of Georgia
AbstractThis paper examines export performance in Georgia in the process of transition from central planning to market oriented economy. Policy reforms undertaken with the support of the Bretton Woods institutions since the mid-1990s have made Georgia one of the most market-friendly economies among the Commonwealth of Independent States. However, the reforms have so far failed to transform the lopsided export structure inherited from the Soviet era in line with emerging opportunities for global economic integration. We conclude that orthodox liberalisation reforms are unlikely to improve export performance unless accompanied by concrete measures to redress supply constraints faced by export producers and to sustain their international competitiveness.
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Bibliographic InfoPaper provided by The Australian National University, Arndt-Corden Department of Economics in its series Departmental Working Papers with number 2013-02.
Length: 37 pages
Date of creation: 2013
Date of revision:
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Georgia; transitional economies; export performance; trade policy;
Find related papers by JEL classification:
- F1 - International Economics - - Trade
- F6 - International Economics - - Economic Impacts of Globalization
- O2 - Economic Development, Technological Change, and Growth - - Development Planning and Policy
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