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In most cases the problems caused by financial globalization are identical in various countries, which is why it is especially important to develop some standard solutions. Nevertheless, it is also doubtless that economic "recipes" for "small" and "big" countries can be different and it would be a mistake to apply only a uniform approach to all of them. The book evaluates an international financial system development potential in the context of "corporate crises" started in the USA and a probable impact on international financial markets and business activities. With the introduction of the Euro, a "new three-pole world currency system" was established. In this connection, two quite sensational forecasts made during the last two years regarding the collapse of the US Dollar are analyzed. These forecasts make a pretty "gloomy picture" of the future of both the US Dollar and the international monetary system. The book draw reader's attention to global exchange rate instability and its implications for Georgia. It is demonstrated that as a small economy, Georgia cannot have any substantial influence on global economic developments; however, if it succeeds to pursue more-or-less reasonable economic policy, it may generate some positive results, or at least minimize negative ones.
Argues for an original, unorthodox conception about the relationship between globalization and contemporary nationalism. While the prevailing view holds that nationalism and globalization are forces of clashing opposition, Sabanadze establishes that these tend to become allied forces. Acknowledges that nationalism does react against the rising globalization and represents a form of resistance against globalizing influences, but the Basque and Georgian cases prove that globalization and nationalism can be complementary rather than contradictory tendencies. Nationalists have often served as promoters of globalization, seeking out globalizing influences and engaging with global actors out of their very nationalist interests. In the case of both Georgia and the Basque Country, there is little evidence suggesting the existence of strong, politically organized nationalist opposition to globalization. Discusses why, on a broader scale, different forms of nationalism develop differing attitudes towards globalization and engage in different relationships.Conventional wisdom suggests that sub-state nationalism in the post-Cold War era is a product of globalization. Sabanadze?s work encourages a rethinking of this proposition. Through careful analysis of the Georgian and Basque cases, she shows that the principal dynamics have little, if anything, to do with globalization and much to do with the political context and historical framework of these cases. This book is a useful corrective to facile thinking about the relationship between the ?global? and the ?local? in the explanation of civil conflict. Neil MacFarlane, Lester B. Pearson Professor of International Relations and fellow at St. Anne?s College, Oxford University and chair of the Oxford Politics and International Relations Department.
This book provides insight into the compelling evolution of Georgia's development and modern challenges. It analyses the key tendencies that took place during the twenty years of reforming Georgia's economy.
This book is a collection of electronic publications over the past 15 years. These articles are devoted to the political and economic problems of post-Communist Georgia in the XXI century. For Georgia, even before the collapse of the USSR, and especially in the last years of its existence, the priority was a Euro-Atlantic orientation. Georgia’s European path of development has not been an easy one. The formation of a European state in post-Communist Georgia is associated with many difficult tasks whose solution is of paramount importance for the future of this country. On June 27, 2014, the EU-Georgia Association Agreement was signed in Brussels. The agreement opened up new opportunities for Georgia to integrate into the EU. At the same time, Georgia still needs to do a lot of work for a real rapprochement with the EU and this will require many years of hard work.
This article reviews the first-generation post-Communist reforms of Georgia's economy. It points out the mistakes made during the reform of post-Communist Georgia's economy and identifies the reasons for the failure of Shock Therapy in post-Communist Georgia based on an analysis of the successful economic reforms carried out in Poland. It focuses special attention on how the mistakes were corrected, thus leading to the Minimum Shock with Maximum Therapy program that proved favorable for Georgia's economy.
How can developing countries become high-income nations? What are the reference points for measuring national development, public leadership and government performance? What is the nexus between public policies and geopolitical, political, emotional, historical, national governance-related, social and cultural norms, forces and factors which shape the process of the state building? This second edition of the book elaborates on many of these critical interconnections, focusing on 9 years after Georgia's Revolution of Roses in November 2003. The book explains what can be accomplished in two electoral terms at a given starting level of GDP per capita and which pitfalls to avoid. It contributes to documenting an almost decade-long history of Georgia.
The paper discussed the problem of the vision about the issues concerning the direction of development of Georgia's economy after the restoration of the country's independence and the model upon which it should be based. The victory of the Georgian Dream coalition in the Parliamentary elections of 1 October 2012 made the issue of choice topical again in Georgia as high priority was given to the subject of which vector of development needed to become determining after the nine-year governance of the United National Movement leaded by Mikheil Saakashvili.
This book examines the relationship between post-Soviet societies in transition and the increasingly important role of their diaspora. It analyses processes of identity transformation in post-Soviet space and beyond, using macro- and micro-level perspectives and interdisciplinary approaches combining field-based and ethnographic research. The authors demonstrate that post-Soviet diaspora are just at the beginning of the process of identity formation and formalization. They do this by examining the challenges, encounters and practices of Ukrainians and Russians living abroad in Western and Southern Europe, Canada and Turkey, as well as those of migrants, expellees and returnees living in the conflict zones of Azerbaijan, Georgia and Moldova. Key questions on how diaspora can be better engaged to support development, foreign policy and economic policies in post-Soviet societies are both raised and answered. Russia’s transformative and important role in shaping post-Soviet diaspora interests and engagement is also considered. This edited collection will appeal to students and scholars of diaspora, post-Soviet politics and migration, and economic and political development.
Necroeconomics and post-communist transformation of economy : the political economy of post-communist capitalism (lessons from Georgia) / Vladimer Papava, c2005.