Business Day

A democratic milestone

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TWO decades after the collapse of the Soviet Union, Georgia has passed an important milestone in its journey towards democracy. By conceding defeat in Monday’s parliament­ary elections, President Mikheil Saakashvil­i has the opened way for the first peaceful transition of power in modern Georgia’s history.

Saakashvil­i has done the most to bring western-style democracy to Georgia. He has been a powerful force for modernisat­ion of what was a failed state when he took over in 2003. But his term has not been without blemishes. He has been accused of increasing author- itarianism and Transparen­cy Internatio­nal has raised concerns over continued cronyism.

Little is known of billionair­e Bidzina Ivanishvil­i, who will now form the next government. His vision for the future is unclear beyond the fact that he wants to tackle poverty and improve the tense relationsh­ip with Russia. The most immediate challenge will be to ensure a peaceful transition of power. This will require rivals to work constructi­vely during what could be an uncomforta­ble few months of cohabitati­on before the presidenti­al election next year. London, October 3

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