Economic development trends of Georgia under globalization
Keywords:
globalization, reform, business environment, customs, trade, economic developmentAbstract
Reforming processes in Georgia were mainly based on WTO norms and European Union standards. The reforms aimed to improve business environment. Global privatization programs were introduced, service of customs and tax bodies became more organized and significant progress was achieved in the fight against corruption. Important progress has been made in the banking sector, telecommunications, the field of international trade, as well as in some of the regulating spheres.References
Georgian-European Policy and Legal Advice Centre (GEPLAC), Quarterly review, 2006 March
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Sikharulidze D., Shaburishvili S., The Motivation of FDI and Host Economy Productivity Effect (In Case of Georgia), International Scientific-Practical Conference - Globalization, Contemporary Problems of International Business and development Trends, Tbilisi, April 6-7, 2012
UNCTAD. World Investment Report. Towards a new generation of investment policies. 2012. pp. 56-60
Shaburishvili S., Foreign Direct Investments in Georgia, Materials of III International Scientific and Practikal Conference: “World and Russia: Regionalism in the Context of Globalization”, Peoples Frendship University of Russia, 11-12 November, Moscow 2010
