The Georgian Paradox: Poverty against the Background of Economic Growth

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The Georgian Paradox: Poverty against the Background of Economic Growth
// Russia and New States of Eurasia. 2019. no. II (LIII). P. 161-169

DOI: 10.20542/2073-4786-2019-2-161-169

Abstract. GDP grew up at a high rate in Georgia in 2018. But economic development in the country was accompanied by the rise of poverty and large unemployment. This situation causes disappointment and disaffection in the society with the ruling party “Georgian dream”. The party itself turned out to be in crisis now. Several popular politicians left the party. As a result it lost a constitutional majority in the parliament.

Keywords: Georgia, economic growth, unemployment, poverty, “Georgian dream”


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For citation:
Fedorovskaya I. The Georgian Paradox: Poverty against the Background of Economic Growth. Russia and New States of Eurasia, 2019, no. II (LIII), pp. 161-169. https://doi.org/10.20542/2073-4786-2019-2-161-169



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