Practical economics [electronic resource] : economic transformation and government reform in Georgia 2004-2012 / Nika Gilauri.

Includes bibliographical references and index.

1. Carpe diem -- 2. Fighting corruption -- 3. Reforming the national economy -- 4. Creating a business-friendly climate -- 5. Reforming taxes and customs -- 6. Privatization of state-owned enterprises -- 7. Reforming the energy sector -- 8. Welfare ' Focusing on the neediest with a simple scoring model -- 9. Healthcare -- Unleashing the power of public-private partnership -- 10. Education -- School financing and university reform -- 11. Thoughts on leadership.

This book is open access under a CC BY license. In this book, Nika Gilauri reveals his formulas for government reform and economic recovery, including how to fight against corruption, reform fiscal policy and tax systems, privatize state-owned enterprises, build a welfare system for those most in need, create a competitive education and healthcare system, and streamline procurement. All formulas are corroborated by practical experience and empirical evidence gathered during Mr Gilauri's term as a cabinet member (2004-2009) and prime minister (2009-2012) of Georgia, and provide an in-depth view of what worked in the case of Georgia since 2003, and how lessons learned could be applied in other parts of the world.