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The Impact of FDI on Economic Development: The Case of Georgia

Year: 2020

Type: article

Abstract: From the strategic point of view, not all foreign direct investments (FDI) are always positively benefiting the host economy, i.e. not all multinational enterprises (MnEs) are promoting local host economies. Even more, not all FDIs are equally beneficial to different sectors within the same economy. The fact is that fdi can impact different sectors in various ways, and the impact is not only based on the amount of fdi itself but on MnEs’ motivations and the peculiarities of the host economy, which can differ from country to county. in other words, only fdi numbers aggregated per year are not really giving a comprehensive picture of the situation and in many cases lead to incorrect strategic decisions, as it has happened in many countries, including Georgia.

Source: TalTech Journal of European Studies

DOI: 10.1515/bjes-2020-0017

Authors: Vakhtang Charaia, Archil Chochia, Mariam Lashkhi

Institutions: Tbilisi State University, Tallinn University of Technology, Georgian Aviation University

Language: English

Topic: International Business and FDI

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: diamond

OpenAlex ID: W3106651530

FWCI: 1.856

Cites: 24

Cited by: 13

Related to: 10