Trade liberalisation and export performance in transition: The case of Georgia

    Research output: Contribution to journalArticle

    Abstract

    This paper examines export performance in Georgia in the process of transition from central planning to a market-oriented economy. Policy reforms undertaken with the support of the Bretton Woods institutions since the mid-1990s have made Georgia one of the most market-friendly economies among the Commonwealth of Independent States. However, the reforms have so far failed to transform the lopsided export structure inherited from the Soviet era in line with emerging opportunities for global economic integration. The orthodox liberalisation reforms are unlikely to improve export performance unless accompanied by concrete measures to redress supply-side constraints faced by export producers and to sustain their international competitiveness.
    Original languageEnglish
    Pages (from-to)1669-1691
    JournalThe World Economy
    Volume37
    Issue number12
    DOIs
    Publication statusPublished - 2014

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