Georgia - Dilemmas of National Bank Policy in Inflation Targeting Mode

The policy of the National Bank of Georgia is frequently discussed in the academic circles and in wider public.

However Media outlets reporting is limited to  technical details and statistics. Such information usually are not analyzed and missing a wider content. The current article discusses the historical and political-economic activities of the National Bank of Georgia and highlight the main dilemmas of its policy in 2004-2016.

 

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