Dirigisme and Economic Freedom: Analysis of Georgian’s Growth Model in Historical and Contemporary context

Abstract

Economic freedom, economic growth, and human development are key determinants of modern economic systems. The relationship between them is particularly important for developing economies where market institutions, legal structures, and social policies are still in the process of formation. In the era of globalization, the interaction of these three components defines economic policy and the possibilities for sustainable development. This article aims to assess the impact of economic freedom on economic growth through a parallel review of globalization and human development, specifically using the example of Georgia in its historical and modern context. The article analyzes the advantages and challenges of economic liberalism in Georgia using indicators such as the “Economic Freedom Index” and the “Human Development Index.” The research also addresses historical parallels in the Principality of Samegrelo, where the state actively supported strategic sectors and infrastructural projects. In conclusion, the author contends that the optimal model for Georgia should be a hybrid one, where economic freedom is balanced by rational elements of dirigisme, which will contribute to institutional stability and the reduction of corruption.