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Thursday, 27 October 2016


Sakartvelo: revolution too expensive?

2011-05-26 13:11

Sakartvelo: revolution too expensive?. 17539.jpegIt's been clear for a long time that Georgia's economic growth is hampered by the person that continues to speak about prosperity, promising golden rains of foreign investments and Georgia's transformation into new Singapore. In reality his only care is himself and his associates. This is Mikheil Saakashvili, a despot and a demagogue.


Regardless of whether protesters now crowding the streets of Tbilisi will achieve their goals or not or whether they will liberate the country from tyranny, Georgia will not see an economic miracle this year. Yet, it is possible next year, if the revolution succeeds. If not, Mishiko will have another excuse why Georgia's economy is in deep crisis. It's all people's fault.

Irakli Lekvinadze, an economist, told Pirveli news agency about the danger the current demonstrations in Georgia bear for the country's development. "If the rallies become a long-term event, the country's economy will face serious difficulties, - the expert is sure. - For the time being nothing but paralyzed streets can block the country's economic activity. Everything will depend on acuteness. If demonstrations turn into clashes, dispersions, all kinds of damages and will last for a long time, the results will be grave, naturally".

Large-scale protests lead to adverse negative consequences in more stable and prosperous states than Georgia. However, when the country's growth is stopped by its political leaders, popular resentment becomes the only way to secure domestic economy from a complete collapse that the country has been heading for over the past seven years. The force of popular wrath now streaming along streets of Tbilisi proves that common people are out of patience.

"There is no great investment activity in Georgia this year. Those who work in Georgia today are used to high risks. As for potential investors, they will wait for developments, results and only afterwards will they decide whether it makes sense to start projects or not", - Lekvinadze states.

No doubt, protest actions will seriously affect economic results of the year. The main question now is whether these results will remove the fundamental obstacle for social and economic development in future. After all, it's the adventurist and incompetent country leaders that make investing in Georgia's economy a highly risky operation with a poor yield.

Mikheil Saakashvili has brought the Transcaucasian republic to the economic collapse dragging it to an a priori losing war. In order to disguise the catastrophic situation in the country, he strangled those few democratic institutions that had been created before his arrival. Instead, he formed a most powerful propaganda machine that accounts all troubles of common Georgians for the intrigues of foreign special services.

According to the untalented leaders of Georgia they are in charge of current protest actions.  Though, as Levan Kalandadze, an economic expert, justly remarks, possibility to express resentment is a cornerstone of a democratic state that the Georgian dictator pretends to be creating.

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