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Author:Wellisz, S.
Title:Georgia: a brief survey of macroeconomic problems and policies
Journal:Russian and East European Finance and Trade
1999 : JAN-FEB, VOL. 35:1, p. 6-31
Index terms:FINANCE
TRADE
GEORGIA
Language:eng
Abstract:During the first three years of independence Georgia suffered a serious economic decline. The difficulties associated with the transition from Soviet-type planning to free enterprise and with the collapse of the CMEA trade system were aggravated by civil strife and especially by the 1992-93 war in Abkhasia, which obstructed one of Georgia's main transport links to the outside world and caused an influx of 270,000 refugees into Tbilisi and other cities.
SCIMA record nr: 194913
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