Attracting Investors: Case of Impact of FDI on the Achievements of Economic Growth in Georgia

Tea Kbiltsetskhlashvili ()
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Tea Kbiltsetskhlashvili: International Black Sea University

IBSU Scientific Journal, 2010, vol. 4, issue 2, 35-51

Abstract: The paper examines the role and importance of Foreign Direct Investment (FDI) in Georgia after transition period and its’ impact on economic growth of the country and analysing ways for attracting FDI. It focuses on effectiveness of investment climate in Georgia after transition period and on analysis of results of global crisis on Georgia’s investment. Despite the improvement of the investment climate in Georgia, there still remain a number of persistent problems on which FDI cannot maximize its impact. The study gives recommendations how to attract foreign investors and in which particular fields funds are needed and concomitantly their impact can be maximized. Main tendencies of improving investment climate and economic growth of the country are considered. A regression analysis backs up the conclusion.

Keywords: foreign direct investment; transition period; global crisis; economic growth; political stability (search for similar items in EconPapers)
JEL-codes: O19 O40 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:ibl:journl:v:4:y:2010:i:2:p:35-51

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