Lessons from Georgia’s neoliberal experiment

A rising tide does not necessarily lift all boats

Dados Bibliográficos

ID6180974
AutoresDimitri Gugushvili (0000-0003-4699-7558, Tbilisi State University, autor correspondente)
Ano2017
Volume50
Fascículo1
Páginas1-14
Data de publicação2017-03-01
Peer ReviewedSim
Open AccessSim
TipoARTICLE
PeriódicoCommunist and Post-Communist Studies (JOURNAL)
Identificadores do periódicoISSN: 0967-067X • E-ISSN: 1873-6920
EditoraUniversity of California Press (PUBLISHER • US)
DOI10.1016/j.postcomstud.2016.11.001
OpenAlexW2560285412
IdiomaCA
Citações recebidas13
Referências citadas5

Between 2004 and 2012, Georgia implemented one of the most comprehensive packages of neoliberal economic reforms ever. These reforms have certainly helped to spur growth, but their social effects remain under-researched. To narrow this gap, this article investigates the effects of growth on poverty in Georgia using the official household survey data. The analysis shows that contrary to popular expectations, poverty has decreased only slightly throughout this period and remains high despite a number of progressive measures adopted by a successor coalition government. These findings provide further evidence on the inappropriateness of the neoliberal model as a poverty reduction strategy

Development economics · Economic growth · Economics · Political science · Poverty · Poverty reduction · Successor cardinal · Global Socioeconomic and Political Dynamics · Income, Poverty, and Inequality · Russia and Soviet political economy