Institutional transformation and its challenges in Georgia

dc.contributor.authorKakulia, Nazira
dc.contributor.authorLazarashvili, Tea
dc.date.accessioned2019-11-20T08:51:57Z
dc.date.available2019-11-20T08:51:57Z
dc.date.issued2019
dc.description1. კაკულია, ნ. 2017. ეკონომიკის ტრანსფორმაციის ინსტიტუციური ანალიზი. ლექციების კურსი, თსუ, მაგისტრატურა. 2. კლუმპი, რ. 2015. ეკონომიკური პოლიტიკა, მიზნები, ინსტრუმენტები და ინსტიტუციები. თბილისი: ივანე ჯავახიშვილის სახელობის თბილისის სახელმწიფო უნივვერსიტეტი. 3. Fifteen Years of Transformationin the Post-Communist World, Oleh Havrylyshyn. The Cato Institute,November 9, 2007, #4; 4. The Impact of Institutions and Policy on Informal Economy in Developing Countries: An econometric exploration. Working Paper No. 84. Diego Rei and Manas Bhattacharya. Geneva, April 2008; 5. The Index of Economic Freedom, methodology; 6. The Measurements and Determinants of Institutional Change: Evidence from Transition Economies. Martin Raiser, Maria L. Di Tommaso, Melvyn Weeks. EBRD, Working Paper No. 60, February 2001; 7. The Worldwide Governance Indicators, Methodology and Analytical Issues. Daniel Kaufmann Aart Kraay Massimo Mastruzzi. The World Bank Development Research Group. September 2010; 8. “Анализ институциональной динамики в странах с переходной экономикой“. Л. М. Фрейнкман, В. В. Дашкеев, М. Р. Муфтяхетдинова; 9. Модели коэволюции институциональныхи социокультурных составляющих трансформационного процесса. И. А. Батанина. Пятый Всероссийский конгресс политологов. Москва, 2009 г; 10. Особенности формирования экономических институтов в россии. Клейнер Г.Б. Экономика и математические методы 2003, т. 39, № 3. с. 8.en_US
dc.description.abstractThe article discussed the institutional reform, analyzed the selection of institutional indicators carried out in Georgia, the estimation of the main indicators of institutional lag. On the basis of factor analysis evaluated the eight institutional indicators, including indicators identified, affecting the economic backwardness of Georgia, argued that a decrease in the country's institutional lag most affect trade freedom, financial freedom and fiscal freedom. Held on the analysis from the perspective of institutional in some post-communist countries; on the basis of empirical findings justified a strong influence on the institutional development of the real economy; found a positive relationship between institutional development and economic growth.en_US
dc.identifier.citationThe 4th International Scientific Conference: "Challenges of Globalization in Economics and Business", Tbilisi, 2019, pp. 174-178
dc.identifier.isbn978-9941-13-890-4
dc.identifier.urihttps://dspace.tsu.ge/handle/123456789/513
dc.language.isogeen_US
dc.publisherIvane Javakhishvili Tbilisi State University Pressen_US
dc.subjectInstitutional reforms, competition policy, pricing liberalizationen_US
dc.titleInstitutional transformation and its challenges in Georgiaen_US
dc.typeArticleen_US
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