INTERNATIONAL INVESTMENT POSITION OF GEORGIA: AN ANALYTICAL STUDY
Journal Title: Journal L`Association 1901 SEPIKE - Year 2018, Vol 1, Issue 19
Abstract
Today the growing tendency of global producing and marketing has influenced by the investment attractiveness of developing countries. This research gives an obvious picture of Georgian economy and fields, where foreign direct investments (FDI) are made. It is illustrated how institutional reforms can create attractive business environment and support the economic growth. Also, it illuminates the investment reasons in Georgia and the main tendencies of FDI to Georgia. Our study highlights reasons why Georgia is the attractive country for foreign investors: adequate institutional reforms and free market-oriented economic policy, attractive macro environment, competitive trade regulations, liberal tax code, aggressive privatization policy, modernized business licensing system, adequate technical regulation system, strategic geographic location, competitive and dynamic banking sector, ancient culture country and traditions, milestones in Georgia's transformation to the market economy, diverse investments sectors.
Authors and Affiliations
Nana Shonia, Zurab Mushkudiani, Teimuraz Gvetadze
Keywords
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