Sometimes, transformation requires a crisis. Economists in particular are very well aware of this maxim. We are reminded of it every time a country undergoes an economic shock. A country in those times is a bit like a patient who gets the last warning from a doctor to drop the unhealthy habits or face irreversible consequences.
One of these scenarios has been unfolding in front of our eyes during the past year. Georgia’s neighbor and one of the largest trading partners, Azerbaijan, has been going through tough times.
THE UNFOLDING OF A CRISIS
In the last...
Recent Comments
Petroleum is harmless, except for the trace of poverty it leaves behind on that day, when the faces of those who discover another ... Read More
Tuesday, 23 February 2016 12:12 AM
I remember that crisis last year when we were discussing about it with our classmates from Azerbaijan. We had almost same discussi... Read More
Tuesday, 26 April 2016 12:12 AM
