Posts Tagged

Bidzina Ivanishvili

On the first of October, 2012, Georgia held parliamentary elections. In Western capitals and analytical circles, it was widely believed that Mikheil Saakashvili’s ruling United National Movement (UNM) would be returned to power. Most polling on political rankings supported this expectation. Some analysts had suggested that the highly unequal impact of Georgia’s impressive growth record was generating significant social discontent, undermining the ruling party’s position. Deepening inequality, sporadically high inflation, persistently high unemployment, and deepening poverty might translate into opposition votes. These people were dismissed as misinformed or deluded cranks, me included.