Practical Economics

Provides accessible explanations for Georgia's remarkable economic recovery since 2003

Elucidates why austerity principles are not the solution to the economic crisis, in particular in post-communist countries
Offers practical instructions for current leaders to effect political and economic change

Autorentext
Nika Gilauri is Founder and CEO of Reformatics, Senior Advisor to McKinsey & Company, and former Prime Minister of Georgia.

Klappentext
This book is open access under a CC BY license.
In this book, Nika Gilauri reveals his formulas for government reform and economic recovery, including how to fight against corruption, reform fiscal policy and tax systems, privatize state-owned enterprises, build a welfare system for those most in need, create a competitive education and healthcare system, and streamline procurement. All formulas are corroborated by practical experience and empirical evidence gathered during Mr Gilauri's term as a cabinet member (2004-2009) and prime minister (2009-2012) of Georgia, and provide an in-depth view of what worked in the case of Georgia since 2003, and how lessons learned could be applied in other parts of the world.

Inhalt

1. Carpe diem .- 2. Fighting corruption .- 3. Reforming the national economy .- 4. Creating a business-friendly climate .- 5. Reforming taxes and customs .- 6. Privatization of state-owned enterprises .- 7. Reforming the energy sector .- 8. Welfare Focusing on the neediest with a simple scoring model .- 9. Healthcare Unleashing the power of public-private partnership .- 10. Education School financing and university reform .- 11. Thoughts on leadership.