New Economic School Georgia

Georgia\'s goal should not be to fool Russian consumers to sell them Georgian low–quality products, but to improve their quality, so that we can find more demanding, but reliable, customers.

Every Soviet citizen was dreaming about buying a car. There were obvious problems: cars were in deficit in the Soviet Union (SU) and the salaries of the workers were hardly enough to buy such basics as food and clothing.

There are two camps of the former Soviets: one of the happy people because they are now free, and the second one of the unhappy, who still think everything back then was basically okay. I belong to the former and I am proud that I also took part in all possible types of anti-Soviet/communist activities.

First of all, it was an overstatement to call the apartment yours. There was no private ownership of apartments in the Soviet Union. There existed only personal possession of small land parcels with small (or not, depending on the size of a bribe) houses.

The tragedy of the commons describes the opposite situation - the property belongs to everyone, but at thesame time to nobody, although they all think that a) the property belongs to nobody, and b) they have full rights to the benefits from the property.

The COVID-19 pandemic has further complicated and strained the Georgian politics. The opposition thought it could easily defeat the ruling party in the face of a pandemic crisis. On the other hand, due to the successes achieved in the early spring, the government hoped to retain power easily.

The 2020 elections have been crucial in a number of coutries - from a forthcoming one in the United States, to most recent ones in Lithuania. The same is true also for Georgia. On November 3, the Georgian citizens need to decide and to opt for either Russia or the West.

Many of the projects and ideas presented by the Georgian government are good examples of wishful thinking. However, when the ruling party is called Georgian Dream, a pursuit of wishes and dreams should not surprise anyone.

The story of Georgia should be an example to all developing nations that any country with the will to do so can take charge of its own tax system and, without the aide or interference of international organizations, create the conditions for economic growth and prosperity.

In times of crisis, it is easy to make mistakes, and no one can be infallible. One of the most characteristic signs of the crisis is its politicization. All parties want to prove that they have the best program and ideas to get out of the crisis.