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The Transition in Georgia: From collapse to optimism

Author

Listed:
  • Teimuraz Gogishvili
  • Joseph Gogodze
  • Amiran Tsakadze

Abstract

This working paper documents the economic and social crises in Georgia during the 1990s, their structural causes and the survival strategies adopted by the Georgian population, the vast majority of whom became impoverished, with large families particularly vulnerable. It also examines the hopes for improvement that began to appear in 1995 with the stabilization of the political and criminal situation, the adoption of a new currency and constitution, and real rises in GDP, production and the value of wages across the economy.

Suggested Citation

  • Teimuraz Gogishvili & Joseph Gogodze & Amiran Tsakadze, 1996. "The Transition in Georgia: From collapse to optimism," Papers iopeps96/11, Innocenti Occasional Papers, Economic Policy Series.
  • Handle: RePEc:ucf:iopeps:iopeps96/11
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    More about this item

    Keywords

    economic transition; poverty; social development;
    All these keywords.

    JEL classification:

    • P24 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - National Income, Product, and Expenditure; Money; Inflation
    • P27 - Political Economy and Comparative Economic Systems - - Socialist and Transition Economies - - - Performance and Prospects
    • P36 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions - - - Consumer Economics; Health; Education and Training; Welfare, Income, Wealth, and Poverty

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