What kind of country should Georgia be

"The present is born of the past, it is the parent of the future" - Ilia Chavchavadze, writer, politician.

The strong Georgia of the Middle Ages was created as a result of King David's liberal reform - by restricting feudal lords and introducing tax breaks for foreign merchants. Restricting feudal lords strengthened the factor of private property of the people, which allowed people to accumulate wealth. As a result, a middle class emerged in the country, which became interested in participating in making important decisions, and already during the time of Queen Tamar, the idea of ​​​​the "Isani tent" (lower house) appeared. The first bicameral parliamentary system was formed a century later in Great Britain.

"On Georgian soil, the Occident (West) and the Orient (East) should be united, their harmonious fusion", - Konstantine Gamsakhurdia, writer.

According to the World Bank’s 2023 report on the Middle Corridor, the following cities should become the main economic centers of Georgia - Tbilisi, Rustavi, Gori.

In the context of the new geopolitical order - TRACECA and the Eastern Partnership, Georgia’s main challenge is to manage to harmoniously combine the command-administrative economy of Asia and the free market economy of Europe. 26 centuries ago, the Colchian Tetri served this purpose, through the then mints and caravans.

Modern continental trade, accordingly, requires well-organized platforms. Stock, commodity, currency and specialized exchanges will turn the cities of Georgia into the main economic centers. Independent exchanges will ensure a fair order in the exchange of goods, currencies and securities between Europe and Asia, which will also lead to the exchange of cultures. It is in the cities of Georgia that a church, a mosque, and a synagogue stand side by side. Here, on the obverse and reverse of the coin of the first king of united Georgia, Bagrat III, the praise of Allah and Christ are depicted together.

If we compare the economy to the human body, what the heart performs for a person, the bank performs the same function for the economy. The heart supplies blood to the body, the bank supplies money to the economy. However, in the human body, the liver is a blood filter, and the stock exchange performs the function of a filter for the economy. An economy without an exchange is the same as a person without a liver.

Switzerland is the heart of global capital. The liver of global capital is Georgia.

Exchanges independent of the state and banks in Georgia mean that Georgian citizens should own controlling stakes in economic power - ports, railways, hydroelectric power plants, airports, and sectoral industries.

The leading financial centers of Europe are London, Dublin, Geneva, Luxembourg, Paris, Amsterdam. And in Asia - Hong Kong, Singapore, Shanghai, Shenzhen, Seoul, Dubai. There is a void in the area between the financial centers of the Occident and the Orient. This void must be filled by the country of the Colchian white gold. And the harmonious fusion of Asian and European capital requires a responsible unit, the national currency of Georgia - the lari. This is the function of Georgia.

"Western Europe is precious, but we cannot give up the East for Europe, it would be better to pay for their wedding with a Georgian feast," - Grigol Robakidze, writer.

For greater clarity, the name of the international multimodal transit project "CASCA" is associated with the regional name - Central Asia, South Caucasus and Anatolia. The initiative, which connects two seas, actually serves the common goals of the railways of Kyrgyzstan, Uzbekistan, Turkmenistan, Azerbaijan, Georgia and Turkey and establishes the multimodality of the route.

Georgia's business is to share European investments with Central Asia and Anatolia through the Georgian feast as per Robakidze.

Georgia combines transit routes, global trade zones and economic corridors - TRACECA, CASCA, CAMCA, CAREC, LAPIS LAZULI, VIKINGTRAIN, GUAM (for more information about each program, see the website: traceca.ge).

"Without economic freedom, no freedom is attainable" - Margaret Thatcher, Prime Minister of Great Britain.

The European Commission has defined a de-oligarchization recommendation for Georgia's European integration. The goal of which is the country's transition from a distributive economy to a liberal economy. This is exactly what began in Georgia in the 12th century during the time of Great David.

In the medium term, Georgia's market economy should create prosperity, which is the main and solid basis for the de-occupation of Georgia. The long-term goal is to connect Asia with Europe in the shortest possible way. This means the construction of new energy carriers and railway infrastructure with the participation of the equity capital of the Georgian people. And this shortest path passes through Abkhazia and Crimea.

Finally,

"A commercial business must have a commercial basis. Nobody remembers economics anymore; we are almost following this politics!" - David Sarajishvili, industrialist and philanthropist.

Zurab Maghradze, Ph.D.