Lessons from the Economic Crisis and Formation of New Development Models
On March 11, 2016, a presentation of the book 'Lessons from the Economic Crisis and Formation of New Development Models' by Professor Irakli Kovzanadze was held at Tbilisi Marriott hotel.
The new Russian-language book is designed for MA and PhD students specialized in banking and economics as well as for academic staff. The book will also be helpful for scientists and researchers, economists and public servants working in financial and economic fields.
The content deals with the economic crisis of 2007-2009. A separate chapter is dedicated to the developmentt of the economy and the banking sector and its problems. The book gives concrete examples of countries, the efforts made and the results obtained. The author gives his estimation of recovery and the future of sustainable development.
“The book analyzes various studies by economic schools, the recovery of historical and contemporary experiences and global economic development trends,” the author said. “It presents the problem of macroeconomic, structural and institutional factors.”
The book provides deep analysis of economic crisis and is full of practical examples.
Irakli Kovzanadze is a professor, a Doctor of Economic Sciences and the Chairman of the Banking and Finance Department at I. Javakhishvili Tbilisi State University. He is author of several books and more than 50 articles about economics. He served over 20 years in senior positions in the commercial banks of Georgia and on boards of leading banks in Post-Soviet countries and Europe. In 1998-2003 Mr. Kovzanadze was CEO of United Georgian Bank. From 2004 to 2008, he was an MP and held the position of the Chairman of the Budget and Finance Committee of the Georgian Parliament. In 2007- 2009, he chaired EBRD/OECD Task Force on Corporate Governance of Banks in Eurasia. He worked as EBRD Board Nominee Director at several financial institutions in CIS countries (2009–2012). In 2012-2015 he was an Executive Director of the state-run investment fund, Partnership Fund.
Nino Edilashvili