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Recovering from a sharp downturn

EconomyThere is just one problem with the impressive recent growth in the Georgian economy. Hit hard by the collapse of the Soviet Union and the very painful restructuring period of the early 1990s, it starts from an extremely low base. "The end of the Soviet Union was a shock without the therapy," says Daniel Linotte, economic team leader for the Georgian-European Policy and Legal Advice Centre in Tbilisi. ...more

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