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  • Open Access
  • © 2017

Practical Economics

Economic Transformation and Government Reform in Georgia 2004–2012

Palgrave Macmillan

Authors:

  • Provides accessible explanations for Georgia's remarkable economic recovery since 2003

  • Elucidates why austerity principles are not the solution to the economic crisis, in particular in post-communist countries

  • Offers practical instructions for current leaders to effect political and economic change

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Softcover Book USD 31.00
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 31.00
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

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Table of contents (11 chapters)

  1. Front Matter

    Pages i-xv
  2. Carpe Diem

    • Nika Gilauri
    Pages 1-18Open Access
  3. Fighting Corruption

    • Nika Gilauri
    Pages 19-42Open Access
  4. Rightsizing Fiscal and Monetary Policies

    • Nika Gilauri
    Pages 43-74Open Access
  5. Creating a Business-Friendly Climate

    • Nika Gilauri
    Pages 75-95Open Access
  6. Reforming Taxes and Customs

    • Nika Gilauri
    Pages 97-112Open Access
  7. Privatizing State-Owned Enterprises

    • Nika Gilauri
    Pages 113-124Open Access
  8. Reforming the Energy Sector

    • Nika Gilauri
    Pages 125-138Open Access
  9. Education – School Financing and University Reform

    • Nika Gilauri
    Pages 159-177Open Access
  10. Formula for Leadership

    • Nika Gilauri
    Pages 179-193Open Access
  11. Back Matter

    Pages 195-213

About this book

This book is open access under a CC BY license.



In this book, Nika Gilauri reveals his formulas for government reform and economic recovery, including how to fight against corruption, reform fiscal policy and tax systems, privatize state-owned enterprises, build a welfare system for those most in need, create a competitive education and healthcare system, and streamline procurement. All formulas are corroborated by practical experience and empirical evidence gathered during Mr Gilauri's term as a cabinet member (2004-2009) and prime minister (2009-2012) of Georgia, and provide an in-depth view of what worked in the case of Georgia since 2003, and how lessons learned could be applied in other parts of the world.

Keywords

  • Economic Recovery
  • Tax Reform
  • Austerity
  • Corruption
  • Post-Communist
  • Georgia

Reviews

“I witnessed the tremendous wave of reforms undertaken in Georgia after the Rose Revolution, propelling the country to the top reformer globally within just a few years. This book tells brilliantly the story of how these changes took place.” (Simeon Djankov, Former Vice Prime Minister and Minister of Finance of Bulgaria)

“Compelling… Mr. Gilauri offers a highly professional account of the rapid economic turnaround and growth story of Georgia, which certainly can be tailored in many countries worldwide.” (David Fine, Senior Partner at McKinsey & Company)

“A must-read for anyone craving to establish powerful origins for rapid and aggressive reforms in their homeland … .”  (Karim Massimov, Prime Minister of the Republic of Kazakhstan)

“Georgia has been one of the few remarkable success stories of countries fighting systemic corruption and government dysfunction.  Former Prime Minister - Nika Gilauri presents a fascinating account of how this came about.” (Francis Fukuyama, Senior Fellow and Mosbacher Director, Stanford University, USA)

Authors and Affiliations

  • Tbilisi, Georgia

    Nika Gilauri

About the author

Nika Gilauri is Founder and CEO of Reformatics, Senior Advisor to McKinsey & Company, and former Prime Minister of Georgia.

Bibliographic Information

Buy it now

Buying options

Softcover Book USD 31.00
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 31.00
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access