ECONOMIC POLICY STIMULATING BUSINESS IN GEORGIA

Irakli Aslanishvili, Iv. Javakhishvili Tbilisi State University, Tbilisi, Georgia

Published in

INTERNATIONAL JOURNAL OF STRATEGIC MANAGEMENT
Volume 19, Issue 1, p51-56, June 2019

ABSTRACT

This publication analyses state of play of Georgia’s EU Economic integration process. Main challenges and opportunities faced by the country. Georgia is one of the most attractive country among other doing business destinations in the South Caucasus. Success story is that Georgia has upgraded status from a poor and heavily non transparent to open and non-corrupted economy achieved by transformation efforts of governmental authorities. During recent years Georgia executed smart-wise and wide-ranging reorganization strategy for developing new approaches in capacity building and institutional formation to boost effectiveness of the business. Final target was to attract new investors and improve courtier’s performance.

Keywords

Economic Policy, Institutional Reforms, Stimulation of Business Climate, Foreign Direct Investments, Economic Growth


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