Georgia: Selected Issues

International Monetary Fund

No 2006/170, IMF Staff Country Reports from International Monetary Fund

Abstract: This Selected Issues paper reviews the financial sector development in Georgia in recent years, and investigates why it has lagged behind economic development, as well as developments in more advanced transition economies. The paper briefly reviews recent financial sector development in Georgia, comparing it with developments in its neighboring countries in the Caucasus, the seven poorest countries in the Commonwealth of Independent States (CIS-7), the Baltics, and central and eastern Europe. The paper also analyzes possible factors constraining financial intermediation in Georgia and in some of the CIS countries more generally.

Keywords: ISCR; CR; Georgia; government; shadow economy; LEPL; LEPL reform; comparing shadow economy; banking sector; SDS estimate; shadow economy development; reform strategy; Informal economy; Commercial banks; Fiscal risks; Corruption; Loans; Baltics; Global; Central and Eastern Europe; Eastern Europe (search for similar items in EconPapers)
Pages: 63
Date: 2006-05-16
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:imf:imfscr:2006/170

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