Increasing Georgia’s investment attractiveness under the Covid-19 pandemic and post-pandemic conditions

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Date
2022
Journal Title
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Publisher
Ivane Javakhishvili Tbilisi State University Press
Abstract
In the recent years, foreign direct investment in Georgia is characterized by the unstable dynamics. In 2017, was frixed a record amount of investment, though, In the later years, it was declined. The coronavirus pandemic has caused great economic loss to the whole world and, consequently, to Georgia. According to the World Bank forecasts, the spreading of Covid-19 will reduce the volume of global investment flows. Under these conditions, the role of the government to attract limited foreign investment resources for the country is growing. For the inflow of the investments in Georgia is influenced by the unstable political situation, the high level of corruption, the factor of the occupied territories. At the same time, the level of attractiveness of the country in terms of implementation of investment projects remains high.
Description
1. ბერიშვილი ხ. ,,პუი-ის ზეგავლენა რეციპიენტი ქვეყნის ეკონომიკის ინოვაციურ განვითარებაზე’’. პ.გუგუშვილის სახელობის ეკონომიკის ინსტიტუტი, სამეცნ. შრომების კრებული, ტომი 13 2. Foreign direct investment flows in the time of COVID-19. იხ. http://www.oecd.org/ coronavirus/policy-responses/foreign-direct-investment-flows-in-the-time-of-covid-19-a2fa20c4/ 3. The Coronavirus Shock: a Story of Another Global Crisis Foretold and What Policymakers Should Be Doing about It.” UNCTAD, 9 მარტი 2020. იხ: https://bit.ly/2WwcW5O. 4. T.Shengelia 2020. The post-coronavirus economy of the world and Georgia. // Economic and Business № 12 5. T. Shengelia 2017. The role of state regulation of investment in the Georgia business development. International business in the world economic system 6. T Shengelia. 2020 Export potential of Georgia. World economy and international economic relations 3, 29-33 7. https://www.geostat.ge 8. https://bit.ly/38RtKbu 9. https://econ.st/3ft3Mxw 10. https://bit.ly/2DzpfGQ
Keywords
ეკონომიკური ზრდა, პანდემია, საინვესტიციო აქტივობა, კრიზისი, დაძლევის გზები
Citation
International Scientific Conference Dedicated to the Establishment of the University and the 100th Anniversary of the Faculty of Economics and Business “Covid 19 Pandemic and Economics”, Tbilisi, 2022, pp. 43-49
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