Structural Transformation in Georgia – In the Right Direction at a Turtle’s Pace
21
November
2016
Structural transformation of the economy is one of the most important determinants of economic development. Almost invariably, nations that have managed to pull themselves out of poverty were able to diversify their economies away from low productivity sectors. In advanced countries, productivity differences between sectors are generally small, and growth mostly happens because of productivity improvements within sectors.
Less Taxes = Higher Growth? Or not?
26
September
2016
Cutting taxes and achieving higher economic growth, as a result, is every politician’s dream. The 2016 parliamentary elections of Georgia showed just how important and controversial the question of taxation can become.
