Re:Belarus’s Soviet Economy
by rayiner on Sunday December 01, 2019 @08:29AM
(#21675380)
Georgia suffered a massive civil war from the time the Soviet Union fell until 1995, that caused its GDP per capita to fall by 2/3 to 1995. The economic reforms happened in the 21st century and growth since then has been very quick. From Wikipedia:
> Since the early 21st century visible positive developments have been observed in the economy of Georgia. In 2007, Georgia's real GDP growth rate reached 12 percent, making Georgia one of the fastest-growing economies in Eastern Europe. The World Bank dubbed Georgia "the number one economic reformer in the world" because it has in one year improved from rank 112th to 18th in terms of ease of doing business. Georgia improved its position to 6th in World Bank's Doing Business report 2019.
> Since the early 21st century visible positive developments have been observed in the economy of Georgia. In 2007, Georgia's real GDP growth rate reached 12 percent, making Georgia one of the fastest-growing economies in Eastern Europe. The World Bank dubbed Georgia "the number one economic reformer in the world" because it has in one year improved from rank 112th to 18th in terms of ease of doing business. Georgia improved its position to 6th in World Bank's Doing Business report 2019.