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deindustrialisation

deindustrialisation

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Opinion | Georgia’s economy has failed; now it’s time to build factories
Bank of Georgia

Opinion | Georgia’s economy has failed; now it’s time to build factories

T

Despite the many international economic indices suggesting Georgia is a great success story, most Georgians live in poverty. In a country where emigration is rampant and half the population ekes out a living in agriculture, the government needs to create new strategies to form a strong, industrial economy. Though hard to determine whether it happened naturally or was politically imposed, it is clear the Georgian people have experienced massive socio-economic change since gaining independ

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