Wednesday, January 11, 2006

Georgia - the hard sell

The economic impact of the closure of Russian bases in Georgia was meant to be offset by increased state spending. It hasn't happened on the scale expected and the obstacles to trade say a lot about just how hard it is to create new markets in the ex-Soviet states.

The Georgian army can't replace the buying power of the old Soviet state and, until new road and rail links are put in, nor can the free market, more from the IWPR...

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