What change characterized Shevardnadze's economic policy in Georgia?
Deflation
Tech Innovation
Market Liberalization
Economic Growth
Answer
Georgia's economic growth under Shevardnadze's leadership was characterized by a shift away from the rigid central planning of the Soviet era towards a more market-oriented economy. This involved privatization, currency reforms, and the liberalization of trade and investment, resulting in a dynamic private sector and increased foreign investment. Despite challenges such as civil conflict, these reforms laid the foundation for sustained economic growth and improved living standards in Georgia.
Unraveling the Legacy of Eduard Shevardnadze: A Quiz on the Life and Achievements of a Georgian Political Icon
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