Merab Kakulia served as Vice-President of the National Bank of Georgia (NBG) (from 1993 to 2005) and was actively engaged in overcoming the country’s hyperinflation, the introduction of the national currency – Georgian lari and the formation of the modern banking sector in Georgia.
Merab Kakulia graduated in Economics from Tbilisi Tbilisi State University in 1983, earned his PhD (Candidate of Science degree) from the Moscow State University in 1986 and a Doctor of Science degree from Melkadze Scientific Research Institute of the Economic and Social Problems (Tbilisi, Georgia) in 2002.
Merab Kakulia’s extensive professional experience is reflected in his publications on Macroeconomics, Banking and Finance, International Economics and Transitional Economics. He is a Member of the Georgian Academy of Economic Sciences and Executive Secretary of the Scientific Committee for Economics of the Georgian National Academy of Sciences.
“Possible Macroeconomic Effect of the Free Trade between Georgia and the EU,” in Works, Georgian Academy of Economic Sciences, Tbilisi, 2010 (in Georgian).
Implementation of the 18-month Economic Program in Georgia in the Framework of the Stand-By Arrangement of the IMF, Open Society Georgia Foundation (OSGF), Policy Paper Nr.18, 2009 (in Georgian).
The European Neighborhood Policy and Georgia: Analyses of Independent Experts, Co-author, Friedrich-Ebert-Stiftung (FES) and Open Society Georgia Foundation (OSGF), 214 pp., Tbilisi, 2007 (in Georgian).