Rescuing Georgia

Georgia will receive its Christmas and New Year's present late this year, but the wait will be worth it. For the presidential election to choose a successor to President Eduard Shevardnadze, scheduled for January 4, 2004, offers the country its first real hope since independence in 1991. A peaceful "Rose revolution" brought this about, but economics, not politics, will determine whether Georgia prospers or endures another lost decade.

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