Paper Title
Economic Freedom � The Way For The Georgian Economic Development
Abstract
Economic freedom is one of the main fundamental research things of economic theory. All right-wing economic schools consider that economic freedom and competition is necessary for stable economic development in the market economy countries. Georgia is a developing transition country. In the soviet years economic freedom was insignifact, but after the republic gain independence it�s had started some attempts to take liberal reforms, which responds high-development western countries. Today, Georgia ranks 22nd in the world in economic freedom survey, which is provided by heritage foundation.
�Fundamentally, there are only two ways of coordinating the economic activities of millions. One is central direction involving the use of coercion�the technique of the army and of the modern totalitarian state. The other is voluntary co-operation of individuals�the technique of the market place.� - Milton Friedman
Keywords- Economic Freedom, GDP Growth, Liberalization. Conference topic: Macroeconomics.