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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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Table of contents (11 chapters)
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Front Matter
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Back Matter
About this book
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.
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
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Tbilisi, Georgia
Nika Gilauri
About the author
Bibliographic Information
Book Title: Practical Economics
Book Subtitle: Economic Transformation and Government Reform in Georgia 2004–2012
Authors: Nika Gilauri
DOI: https://doi.org/10.1007/978-3-319-45769-7
Publisher: Palgrave Macmillan Cham
eBook Packages: Political Science and International Studies, Political Science and International Studies (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017
License: CC BY
Hardcover ISBN: 978-3-319-45768-0Published: 05 January 2017
Softcover ISBN: 978-3-319-83370-5Published: 07 July 2018
eBook ISBN: 978-3-319-45769-7Published: 26 December 2016
Edition Number: 1
Number of Pages: XV, 213
Number of Illustrations: 16 illustrations in colour
Topics: Comparative Politics, International Political Economy, Public Administration, Macroeconomics/Monetary Economics//Financial Economics, Economic Growth, Russian, Soviet, and East European History