2013
DOI: 10.2139/ssrn.2291142
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Reforming of the Post-Soviet Georgia's Economy in 1991-2011

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Cited by 6 publications
(1 citation statement)
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“…The Georgian economy began recovering earlier, in 1995, but the magnitude of decline was greater: in 1994 Georgia's GDP was just over one-quarter of the 1989 level (Fidrmuc, 2003). Limited economic production was coupled with problems such as currency instability and hyperinflation, which in Georgia averaged 60-70 percent per month between 1993 and August 1994 (Papava, 2013). In both countries, this situation contributed to pervasive poverty: 71 percent of the Moldovan population (IMF, 2006) and 60 percent of the Georgian population (IMF, 2003) lived below the poverty line in 1999.…”
Section: Economic and Political/civic Transitionmentioning
confidence: 99%
“…The Georgian economy began recovering earlier, in 1995, but the magnitude of decline was greater: in 1994 Georgia's GDP was just over one-quarter of the 1989 level (Fidrmuc, 2003). Limited economic production was coupled with problems such as currency instability and hyperinflation, which in Georgia averaged 60-70 percent per month between 1993 and August 1994 (Papava, 2013). In both countries, this situation contributed to pervasive poverty: 71 percent of the Moldovan population (IMF, 2006) and 60 percent of the Georgian population (IMF, 2003) lived below the poverty line in 1999.…”
Section: Economic and Political/civic Transitionmentioning
confidence: 99%