Georgia Country Assistance Evaluation, 1993-2007

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dc.creatorWorld Bank
dc.date2012-08-13T12:16:33Z
dc.date2012-08-13T12:16:33Z
dc.date2008-06
dc.date.accessioned2026-07-01T01:24:29Z
dc.descriptionGeorgia's development path was highly uneven after the country gained independence in 1991. Civil war, secessionist movements, and economic crises resulted in a sharp and protracted fall in output and hyperinflation in the immediate post-independence years. In 1994-96 the country implemented a successful stabilization program, reining in hyperinflation and restoring growth. But in subsequent years the government failed to overcome problems arising notably from economic mismanagement and widespread corruption, leading to poor public services, a deepening energy crisis, and political and economic uncertainty. After the November 2003 raised revolution, the new government executed an ambitious reform program that quickly produced results: rapid economic growth, improved governance, and better living conditions. The World Bank's experience in Georgia closely followed the successes and failures of the country's development. Three distinct sub-periods can be identified, based on the timing of the Bank's country strategies, changes in government policy course, and exogenous factors: 1994-97, 1998-2003, and 2004-07. With Georgia now on the path to international Development Association (IDA) graduation and becoming eligible for International Bank for Reconstruction and Development (IBRD) borrowing, the challenge for the Bank is to sustain a strong partnership with an emerging middle-income country.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2008/06/12815132/georgia-country-assistance-evaluation-1993-2007
dc.identifierhttps://hdl.handle.net/10986/10602
dc.identifierhttps://doi.org/10.1596/10602
dc.identifier.urihttp://hdl.handle.net/123456789/417812
dc.languageEnglish
dc.publisherWashington, DC
dc.relationIEG Fast Track Brief
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectACCESS TO CREDIT
dc.subjectACCOUNTABILITY
dc.subjectAGRICULTURE
dc.subjectANTI-CORRUPTION
dc.subjectANTICORRUPTION
dc.subjectANTICORRUPTION CAMPAIGN
dc.subjectARREARS
dc.subjectASSETS
dc.subjectBALANCE OF PAYMENTS
dc.subjectBANK LENDING
dc.subjectBANKING SECTOR
dc.subjectBANKING SECTOR ASSETS
dc.subjectBRIBES
dc.subjectCAPITAL INFLOWS
dc.subjectCENTRAL BANK
dc.subjectCOLLAPSE
dc.subjectCORRUPTION
dc.subjectCORRUPTION PERCEPTION
dc.subjectCORRUPTION PERCEPTION INDICES
dc.subjectCOURT INFRASTRUCTURE
dc.subjectCREDITS
dc.subjectCRONY
dc.subjectCURRENT ACCOUNT DEFICIT
dc.subjectDEVELOPMENT POLICY
dc.subjectEMPLOYMENT
dc.subjectEXPORTS
dc.subjectFINANCIAL MANAGEMENT
dc.subjectFINANCIAL SUPPORT
dc.subjectGDP
dc.subjectGOVERNMENT CAPACITY
dc.subjectGOVERNMENT POLICY
dc.subjectGOVERNMENT REVENUES
dc.subjectGROWTH RATE
dc.subjectHEALTH SERVICES
dc.subjectHEALTH STATUS
dc.subjectINFLATION
dc.subjectINSOLVENCY
dc.subjectINVESTMENT PROJECTS
dc.subjectJUDICIAL INDEPENDENCE
dc.subjectJUDICIAL REFORM
dc.subjectLIVING STANDARDS
dc.subjectLOCAL CAPACITY
dc.subjectLOW TARIFF
dc.subjectMACROECONOMIC STABILITY
dc.subjectMACROECONOMIC STABILIZATION
dc.subjectMANDATE
dc.subjectMISMANAGEMENT
dc.subjectMUNICIPAL DEVELOPMENT
dc.subjectMUNICIPALITIES
dc.subjectPENSIONS
dc.subjectPRIVATE PROPERTY
dc.subjectPRIVATIZATION
dc.subjectPRODUCTIVITY
dc.subjectPROPERTY RIGHTS
dc.subjectPUBLIC SERVICES
dc.subjectPUBLIC SPENDING
dc.subjectREMEDIES
dc.subjectSALARIES
dc.subjectTAX
dc.subjectTAX COLLECTION
dc.subjectTAX REVENUES
dc.subjectTRAINING OF JUDGES
dc.subjectTRANSPARENCY
dc.subjectTRANSPARENT SYSTEM
dc.subjectTRANSPORT
dc.subjectURBAN DEVELOPMENT
dc.titleGeorgia Country Assistance Evaluation, 1993-2007

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