Georgia on its way to Market Economy: Reforms and necessity
Keywords:
economic reforms, transition, macro economy policy, models of economic development, Shock TherapyAbstract
Transition from the planning economy to the market one requested the full scale reform program. There is no ideal economic order or system. Therefore, any socially attempts to carry out reforms designed for higher living – standards and the economic advance. A transition to market economy has been called for by a disintegration of a single economic area and a collapse of a planned economy system inherent to the former USSR. We have described the Georgian reform process from the planning to the Market economy system since 90’s.
Published
2024-09-09
How to Cite
Kristine Omadze. (2024). Georgia on its way to Market Economy: Reforms and necessity. Foundations and Trends in Research, (7). Retrieved from https://ojs.publisher.agency/index.php/FTR/article/view/4160
Issue
Section
Economic Sciences
License
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.