PMCG Foreign Direct Investment Trends in Georgia ; PMCG Economic Outlook and Indicators ; Issue No. 131
In: http://hdl.handle.net/11540/14459
For developing countries, attracting foreign direct investment (FDI) has great potential to serve as a tool to achieve higher economic growth through reducing unemployment, increasing exports, boosting productivity, and improving capital inflows. During the last two decades, Georgia has adopted many reforms to eliminate obstacles in the way of doing business and to attract foreign investors. As a result, Georgia became one of the best performers in the world according to international indices on doing business and openness to investments, and recorded substantial growth in FDI, especially in the period of 2014-2017.