Reforms and Policies Fostering Georgia as Emerging Market

Nino Paresashvili

Abstract


The aim of the research paper is to find out if the republic of Georgia is likely to have emerging market. Paper analyzes different aspects of emerging market, included: historical background, political situation (international rankings, the role of the international society), economic conditions (FDI inflows, major economic indicators), legal framework. The paper argues that recent economic and political reform efforts have been successful, however, a key concern is the effective implementation of the legal and policy framework for investment environment, leading to measurable improvements.

Keywords


emerging market; developing countries; economic progress

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"Public Policy and Administration" ISSN online 2029-2872 / ISSN print 1648-2603