
The large economies have each, in sequence, offered "models" that once seemed attractive to others but that eventually gave way to disillusionment. Small countries may have some answers.

A recent paper by Dani Rodrik has an interesting observation about Georgia. The paper itself estimates the productivity growth rates of manufacturing firms, based on a UNIDO dataset covering 72 countries.

A promising development, jury trials might help reduce the perception of a lack of judiciary independence in Georgia. A key aspect of well-working jury trials is a sufficiently large jury size.

Growth Diagnostics project applies the well-known methodological framework to uncover the binding constraints to economic growth in Georgia. The aim of this research project was to analyze all potential areas of economic reform in Georgia from credit markets to human capital to infrastructure; and thus produce a comprehensive assessment of reform priorities.