Georgia : 2011 Article IV consultation : staff report, staff supplements, public information notice on the Executive Board discussion, and statement by the Executive Director for Georgia.

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Bibliographic Details
Imprint:Washington, D.C. : International Monetary Fund, [2011]
©2011
Description:1 online resource : illustrations (some color)
Language:English
Series:IMF country report ; no. 11/87
IMF country report ; no. 11/87.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12502416
Hidden Bibliographic Details
Varying Form of Title:Title from p. 2 of pdf: Georgia, staff report for the 2011 Article IV consultation
Other authors / contributors:International Monetary Fund, issuing body.
ISBN:1283567318
9781283567312
9781462356621
1462356621
Notes:"April 2011."
Online resource; title from PDF title page (IMF, viewed January 15, 2014).
Summary:1. The government moved forcefully to counter the economic impact of the August 2008 conflict with Russia and global financial crisis (Figures 1 and 2). Access to a large package of international financial support, combined with Georgia's relatively low public debt at the outset of the crisis, allowed the government to put in place a strong countercyclical fiscal policy response-the total fiscal stimulus injected into the economy in 2008 and in 2009 was equivalent to nearly 10 percent of GDP.