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‘Attic Standard Zone’, Eurozone and Georgia: Historical Comparative Analysis

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Authors: Prof. Dr. Tedo Dundua, Dr. Emil Avdaliani

If you cross the state borders freely, seeing all the cargos moving without delay, money standard and the name being identical everywhere, that means you are in Eurozone. The reality has its remote pattern, Athenian (Attic) case with Colchis (Western Georgia) being involved. If Colchis was in “Attic standard zone”, why to deny Eurozone to Georgia? Below Athenian and modern European cases are discussed.

“If anyone mints silver coins in the cities and does not use Athenian coins or weights or measures, but foreign coins, weights and measures, I shall punish him and fine him according to the previous decree which Klearchos proposed” (A Selection of Greek Historical Inscriptions. To the End of the Fifth c. B.C.  Edited by R. Meiggs and D. Lewis. Oxford. 1969. Printed to the University 1971, p. 113; Chr. Howgego. Ancient History from Coins. London and New York. 1995, p. 44).  This is what a secretary of the Athenian Council (Boule) had to add to the Bouleatic oath from the famous Athenian decree enforcing to use the Athenian coins, weights and measures within the Athenian Alliance. The Athenian officials in the cities were responsible to carry out the decree, and the local officials too (A Selection of Greek Historical Inscriptions. To the End of the Fifth c. B.C.  Edited by R. Meiggs and D. Lewis, p. 113). The date of this decree is problematic, but still between 450 and 414 B.C. (A Selection of Greek Historical Inscriptions. To the End of the Fifth c. B.C.  Edited by R. Meiggs and D. Lewis, pp. 114-115; C. G. Starr. Athenian Coinage. Oxford. 1970, p. 68 n. 15; Chr. Howgego. Ancient History from Coins, p. 44).The text was carved on stelai and set up at Athens and the other cities – members of the League. Seven fragments of this text have been already discovered in various places (A Selection of Greek Historical Inscriptions. To the End of the Fifth c. B.C. Edited by R. Meiggs and D. Lewis, p. 111; “Athenian coinage decree”. J. M. Jones. A Dictionary of Ancient Greek Coins. London. First Published in 1986). There are several attempts to interpret the decree. One thing is clear – this decree is imperialistic in tone, and if some of the cities within the Athenian “Empire” were still supposed to issue own money, only Attic weight coins had to be used. Electrum staters remained popular (A Selection of Greek Historical Inscriptions. To the End of the Fifth c. B.C.  Edited by R. Meiggs and D. Lewis, p. 113). Later this decree is parodied in the “Birds” of Aristophanes (C. M. Kraay. Coins of Ancient Athens. Newcastle upon Tyne. 1968, p. 5).

The decree seems to be very comfortable for trade and taxation – indeed, Athenians were scrupulous while collecting taxes within the League.

The whole story about the Greeks shaping Europe has been already told. Macedonia contributed much as a recruitment area, but earlier Athens had been thought to be a leader. It was merely a frustration – indeed, if the best city had to be stripped from a population, nothing would be created at all. While the Greeks still in this mistake, Athenians made a good deal – seizing the markets and imposing taxes.

Athenians cared much for the Black Sea areas; and Pericles even launched a special expedition (Plut. Pericl. 20). Then the numismatic visage of Colchis (Western Georgia) was changed as Athenian tetradrachms came in sight together with the Attic ceramics (G. Doundoua, T. Doundoua. Les Relations Économiques de la Colchide aux Époques Archaïque et Classique d’après le Matériel Numismatique. La Mer Noire. Zone de Contacts. Actes du VIIe Symposium de Vani. Paris. 1999, p. 111 №23; Очерки истории Грузии. т. I. ред. Г. А. Ме­ли­киш­ви­ли, О. Д. Лордкипанидзе. Тбилиси. 1989, p. 228). Moreover, Milesian, Aeginetan and Persian standards used for the autonomous coin issues of Phasis (modern Photi, Western Georgia) now disappear and Attic standard becomes unique.

 Dioscurias (Modern Sokhumi, Western Georgia) was a splendid Greek city dominated by a mercantile oligarchy, a foundation of Miletus, sometimes – being troubled by the natives from the hinterland. Then it seems to be completely assimilated. History of Dioscurias is full of tremendous events and clashes. And the clashes were back again in the summer of 1993 as the civil war broke out in Abkhazia. Still one missile was especially lucky as it buried itself deep in the earth and showed a coin-shaped white metal. The description is as follows: weight – 300.37 gr. d=70 mm. Head of Athena wearing a crested helmet (the fashion is that of “old-style” coinage)/Owl. Obviously Athenian weight, it was offered for sale to Simon Janashia State Museum of Georgia.

The greatest number of the marked weights found in the Agora are small roughly square lead plaques. Sometimes these official weights are marked with the same symbols as the coins – head of Athena/owl (The Athenian Agora. v. X. Weights, Measures and Tokens by M. Lang and M. Crosby. Results of Excavations Conducted by the American School of Classical Studies at Athens. Part I. Weights and Measures by M. Lang. Princeton. New Jersey. 1964, p. 6). Large circular stamp with helmeted head of Athena appears on the lead weight of the Roman time (The Athenian Agora. v. X. Weights, Measures and Tokens by M. Lang and M. Crosby, p. 31 pl. 9 LW (lead weight) 66).  Bronze weight too of some 69.9 gr. has an owl incised. This seems to be a coin weight, 1/6 of mina (The Athenian Agora. v. X. Weights, Measures and Tokens by M. Lang and M. Crosby, p. 26 pl. 1 BW (Bronze weight) 5). Even countermarks for the weights represent double-bodied owl and helmeted head (The Athenian Agora. v. X. Weights, Measures and Tokens by M. Lang and M. Crosby, p. 28 pl. 6 LW 26, p. 30, pl. 8 LW 46). The dry measure also has two stamps: the double-bodied owl and helmeted head of Athena (The Athenian Agora. v. X. Weights, Measures and Tokens by M. Lang and M. Crosby, pl. 14 DM (dry measure) 44, 45; pl. 18 DM 44, 45).

The Athenian coin mina, consisting of 100 drachms, weighted approximately 436.6 gr. There was also another mina, used for weighting market produce, equal to 138 coin drachms, or 602 gr. (“Mina”, “Attic weight standard”. J. M. Jones. A Dictionary of Ancient Greek Coins).  

So, the piece from Dioscurias should be considered as Athenian trade-weight – half mina.

What conclusions are we to draw from all this?

1) Dioscurias had to receive or was glad to receive the official Athenian weights as the city became a subject of the Alliance.

2) And Phasis should have accepted even a coin mina and Attic standard too while already in the Alliance. Was there any legislation in favour of democracy; what does a maintenance of “Archaic smile” on the Athenian (“Old Style” coinage) and Phasian coins mean? We shall never know.

3) One thing is clear – Attic standard was installed in Colchis between 450 and 414 B.C. And the effect was similar to the modern introduction of euro across much of the European Union.

From Ancient Period to Modern Europe

Creating a common economic space was a recurring ambition throughout European history. The above-discussed “Attic standard zone” was one of the pertinent examples from Ancient history. From modern period the best example perhaps is the European Union (EU) which from the late 1960s aimed at coordinating economic and fiscal policies. It also included the establishment of a common monetary policy as well as the introduction of a common currency. The principal arguments in favor of its adoption were economic stability and unencumbered cross-border trade.

In 1979 the European Monetary System (EMS) was launched. Later on during the European Council session in Maastricht, 1991, the Treaty on European Union, which contained various provisions necessary for successful implementation of the monetary union, was agreed upon (https://europa.eu/european-union/about-eu/euro/history-and-purpose-euro_en).

Then came the Economic and Monetary Union (EMU) which aimed at step-by-step economic integration of a number of countries. EMU was designed to support sustainable economic growth and a high level of employment. This specifically comprised three main fields: 1. implementing a monetary policy that pursues the main objective of price stability; 2. avoiding possible negative spillover effects due to unsustainable government finance, preventing the emergence of macroeconomic imbalances within Member States, and coordinating to a certain degree the economic policies of the Member States; 3. ensuring the smooth operation of the single market (https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/economic-and-monetary-union/what-economic-and-monetary-union-emu_en).

It was not however until 1999 that a common currency – the euro – appeared with 11 countries – Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain – fixing their exchange rates and creating a new currency with monetary policy passed to the European Central Bank.

For the first three years euro did not exist as it essentially was an “invisible” currency. It was used mainly for accounting purposes. In 2002, however, first euro coins and banknotes were introduced in 12 EU countries thus ushering in, arguably, the biggest cash changeover in history. Nowadays, the euro is in circulation in 19 EU member states. There are a number of advantages attached to the use of the euro: low costs of financial transactions, easy travel, increased economic and political role of Europe on the international arena (https://europa.eu/european-union/about-eu/euro/which-countries-use-euro_en).

Parallel to the creation of the unified economic space ran the establishment institutionalized freedom of movement within most of the European states. The treaty came to be known as the Schengen Agreement signed on June 14, 1985, which led most of the European countries towards the abolishment of their national borders. The concept for free movement between the European countries is very old and it can be found through the Middle Ages (https://www.schengenvisainfo.com/eu-countries/).

As was the case with the “Attic standard zone” modern Georgia aspires to become an economic part of Europe, its monetary system, unified currency – euro. Major steps have been made to this end since the break-up of the Soviet Union. The current EU-Georgia close relationship is based on the EU-Georgia Association Agreement. More importantly, the latter involves a Deep and Comprehensive Free Trade Area (DCFTA), which came into force in mid-2016 and along with closer political ties aims to achieve deeper economic integration between Tbilisi and the EU (https://ec.europa.eu/trade/policy/countries-and-regions/countries/georgia/).

Simultaneously with Georgia’s slow and steady economic integration into the EU economy, the country has also started to enjoy the benefits of institutionalized free movement of citizens across much of the European continent.

Thus there is a long history of Georgian economic and territorial integration into the European models of unified economic spaces. The above examples of the “Attic standard zone” as well as the modern European Union prove this point.

Author’s note: first published in Georgia Today

Prof. Dr. Tedo Dundua is the Director of the Institute of Georgian History, Faculty of Humanities, at the Ivane Javakhishvili Tbilisi State University.

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Eastern Europe

Rebuilding of Karabakh: Results of 2021

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Image source: azerfocus.com

The restoration work in Karabakh entered the active phase in 2021 as several projects had been completed and the foundations for new ones were laid down. The restoration process in Karabakh started right after the November 10th declaration that ended the 44-Day War between Armenia and Azerbaijan. After the war, Azerbaijan liberated its territories that constituted about 20% of the total territory of Azerbaijan and were occupied by Armenian forces in the early 90s.

During the occupation, about thirty years, Karabakh was subject to ruthless destruction and looting by the occupants. As a result, most of the social infrastructure, including residential buildings, schools, and hospitals, were totally destroyed, and most parts of the occupied territories were left empty. Despite the fact that the total destruction in Karabakh makes the restoration process complex and time-consuming, Azerbaijan immediately started the restoration process. For this purpose, the plan for socio-economic development of the liberated territories was prepared, and for the implementation of this plan, “Coordination Headquarters” and 17 working groups on different areas were established. In 2021, $2.2 billion was allocated from the state budget for the restoration process. The same amount of funds is planned to be directed to the restoration process in 2022 as well. The allocation of the necessary financial resources and the establishment of the state bodies for the efficient organization of the recovery process led to the rapid implementation of projects in 2021.

The most notable project that was almost completed in 2021 was the Fuzuli International Airport. The inauguration of the airport took place in Azerbaijan’s liberated city of Fuzuli in Karabakh on October 26. It was the first airport built by Azerbaijan in the liberated areas, and its construction took only eight months. It was built in accordance with the highest international standards, which enables it to accommodate any type of aircraft. A runway with a length of 3000 meters and a width of 60 meters has been put into operation at the airport. The first test flight to Fuzuli International Airport was performed on September 5, 2021, when the largest passenger aircraft of Azerbaijan Airlines, named Karabakh, landed at the airport. Because of its location, the new airport is considered as an “air gate of Karabakh”. Along with Fuzuli airport, the foundations of the other two airports in Lachin and Zangilan districts were also laid down in 2021.

The year 2021 was also marked by the establishment of the Horadiz-Jabrayil-Zangilan-Agband highway. The foundation of this road was laid on October 26, with the participation of the leaders of Azerbaijan and Turkey. With a length of 124 km, it is part of the Zangezur Corridor, the establishment of which was envisioned in the November 10 declaration. The Zangezur Corridor is a very important project that is going to change the transportation architecture of the South Caucasus and its neighborhood. Its proximity to the Karabakh and connection to the main roads in the region will accelerate the restoration and development of the Karabakh.

Within the framework of the restoration process, another important event in 2021 was the foundation of the first “smart village” in Agali village in the Zangilan district on April 26. As of October, the construction work on more than 110 hectares in Agali village was underway. It includes the construction of 200 ecological houses, 4 non-residential buildings, a smart school for about 360 students, and a kindergarten for 60 children. Work on establishing smart agricultural infrastructure on approximately 600 hectares of land is also ongoing. According to the restoration program, it is planned to re-establish cities and villages in the liberated territories based on the “smart city” and “smart village” concepts. Thus, after the Agali village, this concept will be implemented in other areas of Karabakh.

In 2021, the highway that connects the Fuzuli and Shusha cities was also opened. As this highway passes through the territory that was used to liberate Shusha city, it has a symbolic meaning for Azerbaijan, and therefore it is named “The Road to Victory.” The Fuzuli-Shusha highway is part of the Ahmadbeyli-Fuzuli-Shusha highway, one of the main highways in Karabakh. It is 101.5 km in length and reduces the distance from the capital Baku to Shusha to about 363 km. The foundation of another important transport project, the Horadiz–Agband railway, was also laid in 2021 and its construction continues. This railway is 100 kilometers long and has strategic importance as it will connect the mainland of Azerbaijan with Nakhchivan, Azerbaijan’s landlocked exclave, through the Zangezur corridor.

Along with the mentioned roads, the opening ceremony of the 28-kilometer highway that connects the city of Tartar with the villages of Sugovushan and Talish took place in 2021. The length of this road is 28 kilometers, and as planned, the extension of this project will include 22 kilometers of highway from Talish to Naftalan. Construction and planning work on various transportation projects such as the Barda–Aghdam railroad, the Fuzuli-Shusa railway, and the Toganal-Kalbacar highway were also continued.

Comprehensive works in the energy sector were also carried out within the framework of the restoration program, based on the strategy for transforming the liberated territories into “green energy” zones and connecting the energy infrastructure in those territories to Azerbaijan’s general energy system. In 2021, with a total capacity of 20 megawatts, “Gulabird”, “Sugovushan-1” and “Sugovushan-2” small hydroelectric power stations (HPS) were reconstructed and put into operation in the liberated territories. In total, nine digital substations were built in the Karabakh and East Zangezur regions. Simultaneously, in the Aghdam and Jabrail regions, the construction of “Aghdam-1,” “Aghdam-2,” and “Jabrayil” substations as well as the Karabakh Regional Digital Management Center has been completed.

The other important project in the energy sector was the foundation of the Digital Station Management Center in Fuzuli. This project, implemented for the first time in the South Caucasus, allows through automation to reduce the impact of the human factor on the operation of the network, increase reliability and reduce losses during the transmission of electricity. All these projects in the energy sector serve to maintain the energy security in liberated territories and to transform these territories into “green energy” zone.

All the mentioned projects show that Azerbaijan has actively worked for rebuilding Karabakh in 2021. It will enable Azerbaijan to fully integrate the Karabakh economy into the Azerbaijan economy and to use its economic potential in upcoming years. As the liberated territories have great potential in sectors such as agriculture and energy, it will also positively affect the development of the non-oil sector in Azerbaijan. Implementation of all projects that were started in 2021 will not only contribute to the economic development of Azerbaijan, but will also transport Azerbaijan and Karabakh to the transport and economic center of the region.

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Eastern Europe

No borders to struggle against COVİD-19: Solidarity of humanity can help the situation

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Just as COVID-19 does not recognize borders, it is necessary to build the struggle against it on the basis of organization, solidarity, mutual assistance, the use of positive experience, and it should not recognize borders.

2021 was a year of continued struggle against the pandemic and of the emergence of new variants of the virus. The South Caucasus also was not away from COVID-19 and its variants. Azerbaijan continued its effective fight against COVID-19, making the most of the lessons of previous years and the opportunities for rapid response. The vaccination campaign, which was conducted as well as in highly developed countries, is a real sign of performance in this sector. During the year Azerbaijan gave humanitarian and financial aid to more than 30 countries in order to fight the pandemic, made a voluntary financial contribution of 10 million US dollars to the World Health Organization and freely donated 150,000 doses of vaccine to four countries.

The newly appointed head of the EU delegation to Azerbaijan, Petr Michako, also stressed the high level of vaccination in Azerbaijan. The capital – Baku is working closely with The European Union in this direction. The European Union and the World Health Organization have supported the fight against COVID-19 in Azerbaijan with the necessary medical equipment. Medical personnel in Azerbaijan have been repeatedly provided with respirators, goggles, transparent masks and overalls for this purpose. All equipment sent for the safety of medical personnel fighting the virus on the front lines was tested for compliance with quality and safety standards. Kestutis Jankauskas, Head of the EU Delegation to Azerbaijan, said that his organization, as a “Team Europe”, is helping to prevent, detect and combat the COVID-19 pandemic. “Healthcare workers are at the forefront of the fight against the COVID-19 pandemic, which increases their risk of contracting the virus,” he said. -They are our heroes and they need protection. “As part of the Team Europe initiative, the EU has launched an individual COVID-19 package with a budget of around € 32 million to support urgent needs and socio-economic recovery.

In 2021, Azerbaijan achieved major progress in combating the pandemic and the global economic crisis and in mutual cooperation. As a chair of the Non-Aligned Movement, Azerbaijan put forward an initiative to establish a UN High-Level Panel on global restoration after COVID-19. The member states of the Non-Aligned Movement took a unanimous decision to extend Azerbaijan’s chairmanship of the movement for another year, until the end of 2023.

Azerbaijan proposed a resolution at the UN Human Rights Council on behalf of the Non-Aligned Movement on equal and universal access to vaccines for all countries and the resolution was passed unanimously in March 2021. This resolution showed Azerbaijan’s stance on the increasing vaccine nationalism in the world and became an international success.

As a result of all measurements now the number of people receiving the second,third and further doses of the vaccine in Azerbaijan has exceeded 40 percent. Azerbaijan is one of the countries in the continent where the number of virus infections is rapidly declining. Azerbaijan is doing its best to observe this trend around the world. Solidarity can help the situation.

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Eastern Europe

2021: the year of political bankruptcy of Lithuanian government

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Ramūnas Karbauskis, Lithuanian businessman and politician, Chairman of the Farmers and Greens Union severely criticized  Lithuanian authorities’ actions.

The Lithuanian Farmers and Greens Union (Lithuanian: LVŽS) is a green-conservative and agrarian political party in Lithuania. Following the 2020 parliamentary election, the LVŽS has been in opposition to the Šimonytė Cabinet.

Ramūnas Karbauskis did not even try to find softer words to describe on Facebook the results of the past year. He noted that “2021 Lithuanians will remember as the year of bankruptcy of government, the reluctance and inability to speak, which caused and deepened health and illegal migration crises.” According to him, 2021 is marked as “a scaling and segregation of society, demolition of diplomatic roads, cutting not only with one of the biggest economies in the world – China, but even with allies and neighbors.”

He paid attention to the fact, that current negative economic tendencies were the direct results of shortsighted government actions.

To his mind, “2021 will also be remembered as the year of emptying the state budget, gold government purchases, including golden houses for illegal migrants. The government actively pushed the decriminalization of drugs, the measures to promote the trade of alcohol. He also said, that the end of the year was crowned by the Belarusian fertilizer transit scandal, but Foreign Minister Gabrielius Landsbergis and Transport Minister Marius Skuodis responsible for it remained in their posts.

Thus, he is absolutely sure, that overall, this year has only strengthened the impression that “the government is not working for the Nation, not for its benefit.”

Ex-Lithuanian President Valdas Adamkas has also criticized the permission to open a Taiwanese representative office in Vilnius, saying that the conflict with China has led to huge loses. In his words, “that recognition should have, first, been done by the world, the major countries that have influence and their decision should provide results, not a small Lithuania.”

Today, when these loses have become more and more destructive for the Lithuanian economy, Ausrine Armonaite, the Economy and Innovation Minister says that “the European Union should be more united in its response to China’s pressure on Lithuania.” It turned out, that the mistake was made by Lithuania, but the EU for some reason should solve this problem. Once again Lithuanian authorities shift responsibility to others.

It seems as if Lithuanian officials have chosen the way of confrontation not only with China, but with neighbouring Russia and Belarus. Thus, they continue to increase defence budget of the country instead of allocating additional funds to economically fragile spheres. 2021 defence budget initially amounted to 1.028 billion euros. However, the government allocated additional 20.7 million euros during a budgetary review. 2022 defence budget will be increased to 1.298 billion euros.

The government has not learned how to place political accents correctly. Thus, the lack of coordination and common understanding in the ruling circles lead to political mistakes and the loss of the country’s image in the international arena. Lithuania’s behaviour has led to the shaping of ridiculous image as a country that takes on much more powers than it can afford.

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