GEORGIA AND MOLDOVA: ECONOMIC ASPECTS OF DEMOCRATIC STATE DUILDING
Abstract
Democratic state building is the multidimensional process and its economic pillar is the most fundamental one. The objective of the work is comparison of economic transformation of Georgia and Moldova. The paper stresses relationship of economic transformation and democratic state building in both countries on the bases of the Bertelsmann Index (BTI). The comparison revealed that both countries have almost similar positions in market transformation. Also, private property and organization of market and competition (subindexes of the market development) are in more high correlation with democratic transformation in these countries than other pillars.The author offers a theoretical approach to evaluate the success of economic transformation in EaP countries on the basis of correlation of BTI and the European Integration Index . There is an attempt in the paper to find certain correlation between the integration level of Georgia and Moldova into the EU and BTI economic transformation indicators of these countries. On the current stage of the study revealed that the management and approximation pillars of EaP Index have higher significance for successful political and economic transformation processes, than sub index - linkage.References
1. BTI data http://www.bti-project.org
2. European Integration Index for Eastern Partnership Countries http://www.eap-index.eu
3. GEORGIA 2020, Social-economic Development Strategy of Georgia http://static.mrdi.gov.ge/551e4a570cf24147438b1727.pdf
4.Global Data https://www.gfmag.com/global-data/country-data/georgia-gdp-country-report
5. Global Data https://www.gfmag.com/global-data/country-data/moldova-gdp-country-report
6. Moldova 2020, National Development Strategy: 7 Solutions for Economic Growth and Poverty Reduction file:///C:/Users/user/Downloads/moldova_2020_-_national_development_strategy__7_solutions_for_economic_growth_and_poverty_reduction.pdf
7. National Statistics Office of Georgia http://www.geostat.ge/?action=page&p_id=119&lang=eng
8. Ronald Gerard, Development Economics, 2014, Pearson
9. Social and Economic situation of the Republic of Moldova, National Bureau of Statistics of the Republic of Moldova http://www.statistica.md/public/files/publicatii_electronice/Raport_trimestrial/Raport_2015_rus.pdf
10. Trading Economics http://www.tradingeconomics.com/georgia/rural-population-percent-of-total-population-wb-data.html
11. Trading Economics http://www.tradingeconomics.com/moldova/rural-population-percent-of-total-population-wb-data.html
12. TRANSITION REPORT, EBRD, 2013
13. World Bank http://www.worldbank.org/en/country/georgia/overview#1, 2015
14. World Bank http://www.worldbank.org/en/country/moldova/overview, 2015
2. European Integration Index for Eastern Partnership Countries http://www.eap-index.eu
3. GEORGIA 2020, Social-economic Development Strategy of Georgia http://static.mrdi.gov.ge/551e4a570cf24147438b1727.pdf
4.Global Data https://www.gfmag.com/global-data/country-data/georgia-gdp-country-report
5. Global Data https://www.gfmag.com/global-data/country-data/moldova-gdp-country-report
6. Moldova 2020, National Development Strategy: 7 Solutions for Economic Growth and Poverty Reduction file:///C:/Users/user/Downloads/moldova_2020_-_national_development_strategy__7_solutions_for_economic_growth_and_poverty_reduction.pdf
7. National Statistics Office of Georgia http://www.geostat.ge/?action=page&p_id=119&lang=eng
8. Ronald Gerard, Development Economics, 2014, Pearson
9. Social and Economic situation of the Republic of Moldova, National Bureau of Statistics of the Republic of Moldova http://www.statistica.md/public/files/publicatii_electronice/Raport_trimestrial/Raport_2015_rus.pdf
10. Trading Economics http://www.tradingeconomics.com/georgia/rural-population-percent-of-total-population-wb-data.html
11. Trading Economics http://www.tradingeconomics.com/moldova/rural-population-percent-of-total-population-wb-data.html
12. TRANSITION REPORT, EBRD, 2013
13. World Bank http://www.worldbank.org/en/country/georgia/overview#1, 2015
14. World Bank http://www.worldbank.org/en/country/moldova/overview, 2015
Published
2017-12-15
How to Cite
PAPACHASHVILI, Nino.
GEORGIA AND MOLDOVA: ECONOMIC ASPECTS OF DEMOCRATIC STATE DUILDING.
Eastern Europe Regional Studies, [S.l.], dec. 2017.
ISSN 2587-456X.
Available at: <https://test.psage.tsu.ge/index.php/Easternstudies/article/view/34>. Date accessed: 21 sep. 2024.
Issue
Section
Articles
Keywords
comparison of economic transformation of Georgia and Moldova;
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