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Twin deficit is a situation where a country’s economy is running two deficits at the same time: a fiscal deficit, and a deficit on the current account of the balance of payments. According to the twin deficit hypothesis, persistent fiscal shocks cause a deterioration
Even as Europe and the United States encourage the countries between Russia and the West to adopt a “both/and” approach to relations with the two and in many cases criticize those governments which don’t, Moscow has signaled that in its view, these countries
Democratura is a term that would resonate perfectly with a post-Soviet republic, such as Georgia, mainly because it is a word designed to resemble the word “Nomenklatura,” that is, people who rule in the name and by virtue of their patron. There is something lucid and honest about this word, in that it assigns personal … Read more
TBILISI, DFWatch–Three employees of the Public Registry have been illegally dismissed, according to Georgian Young Lawyers Association (GYLA). The three believe they were fired because they are supporters of President Saakashvili’s United National Movement and
I hoped to publish this in an American newspaper during Speaker Usupashvili”s visit to Washington DC, a very successful one, by the way! I wanted Americans to read that message about Georgia and the recent developments there. I did not succeed, but I want to share
TBILISI, DFWatch–President Mikheil Saakashvili has postponed for a month the signing of a document passed by parliament about confirming the country’s new ambassadors.
Foreign Affairs Minister Maia Panjikidze claims in an interview with DF Watch that the president
TBILISI, DFWatch–According to the United Nations Development Program (UNDP), Georgia is one of the countries that have a high level of human development.
This can be gleaned from the new Human Development Report 2013 — The Rise of the South: Human Progress in
TBILISI, DFWatch–The students at the Agriculture University continued their protest Friday, and handed Education Minister Giorgi Margvelashvili documents which were meant to show that the institution now complies with the law’s requirements.
After studying the
TBILISI, DFWatch–For the last two days, students at an agricultural college have been at the center of a dispute between the governing Georgian Dream coalition and supporters of President Mikheil Saakashvili.
The dispute began with the
TBILISI, DFWatch–A former security minister who was fired by President Mikheil Saakashvili after the Rose Revolution in 2003 is to found a new political party with a pro-Russian orientation.
Valeri Khaburdzania, who has lived in Russia for the last two years and just