Khishtovani Giorgi - Department of Accounting and Control, University of Bremen, Germany; Expert of the Institute for Development of Freedom of Information (IDFI)
For the last 20 years, two parallel processes necessary for the long-term development of the Georgian economy have been in progress: on the one hand, the model of Georgian capitalism is forming (Christophe, 2006) and on the other hand, a functional Georgian financial market is in the process of development. Unfortunately, these two interrelated phenomena are distinguished by their inconsistency and obvious mutual contradiction, which calls the economic development of the country into question.
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