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Palgrave Macmillan

Practical Economics

Economic Transformation and Government Reform in Georgia 2004–2012

  • Book
  • Open Access
  • © 2017

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Overview

  • 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)

Keywords

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.

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

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