Georgia on Its Way to the Market Oriented Economy

Abstract

The paper aims to analyse the economic transition in Georgia, focusing on the stabilization and structural reform program which began in 1994, once regained political stability after 2 years of civil war. The stabilization and structural reform program promoted by IMF and World Bank was ambitious; the paper analyses it focusing on three main areas: production adn investments, money and banking, privatization.economic transition, Georgia, privatization