The Transition in Georgia: From collapse to optimism

This working paper documents the economic and social crises in Georgia during the 1990s, their structural causes and the survival strategies adopted by the Georgian population, the vast majority of whom became impoverished, with large families particularly vulnerable. It also examines the hopes for improvement that began to appear in 1995 with the stabilization of the political and criminal situation, the adoption of a new currency and constitution, and real rises in GDP, production and the value of wages across the economy.