The Current State of Georgia's Investment Relations With Foreign Countries and the Ways to Improve It
Year: 2024
Type: article
Abstract: The article - "The current state of Georgia's investment relations with foreign countries and ways to improve it" - presents the volume, dynamics, structure of foreign direct investments in Georgia during the period of 2010-2023 and evaluates it. The issue of foreign direct investment is a very problematic topic all over the world. France, Great Britain, Germany and Spain restrict capital investments in their country from other countries. Developing countries also have a cautious position in this matter. There are countries where foreign investment is prohibited in certain sectors. The article mentions that although Georgia does not have its own savings and needs foreign investments to invest, it should be very careful about each project selected by foreign investors in Georgia and scrupulously study the interest that these investors have in Georgia. According to the author of the article, it is desirable for the Georgian government to prioritize the financing of Georgian agro-sector projects and less developed regions and parts of Georgia (Racha-Lechkhumi, Tusheti, Khevsureti, etc.) in negotiations with foreign investors. Georgia is a politically unstable country. This makes it unattractive to foreign investors. In 2023, compared to 2022, the direct foreign capital entered Georgia by 24% less, the author believes that the unstable environment of the country is the reason for this, and he calls on the government to eliminate its causes. Keywords: investment relations; foreign direct investments (FDI); investment environment.
Source: Economics
Institution: Taegu Science University
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4402801521