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Foreign Direct Investments in Georgia (2014 - 2018)

In 2018, the financial, transport and communications, and energy sectors attracted the most FDI. Azerbaijan, the United Kingdom, and the Netherlands were the countries investing most in Georgia.
Economic Diplomacy In Georgia

The purposes of this policy paper are to present the priorities of the Government of Georgia (GoG) in economic diplomacy, to map economic diplomacy institutions, and to describe their functions. It also aims to present practical cases of conducting economic diplomacy.
Black Sea Bulletin: Exchange Rates - 2018

In this bulletin, we discuss exchange rate dynamics in the countries of the Black Sea region during the period of 2014-2018, In particular, the exchange rates of these countries’ currencies against the USD and EUR and the nominal exchange rates of the Georgian Lari against currencies of other countries on the Black Sea are reviewed.

Inequality In Education

Human capital development is increasingly seen as the biggest driver of economic growth and the most powerful tool in the fight against poverty (World Bank, 2018), This idea is embodied in the World Bank’s new initiative - Human Capital Project, which is designed to stimulate more and better investment in human capital.

Georgia's Increasing Potential within the BRI

The research aimed to highlight Georgia’s potential in the implementation of the Belt and Road Initiative (BRI) and to identify necessary steps that Georgia should take to strengthen its involvement in this regard. 
Railway Infrastructure Development in Tbilisi

This study compares the following four alternatives: keeping the status quo; the 2009 Tbilisi Railway Bypass Project; a city tunnel from Navtlughi district to Didube district; and retaining the city’s main railway line and central station, but relocating all other railway infrastructure to the city’s peripheral districts.
Vocational Education in Context of DCFTA

Vocational education and training (VET) plays an important role in promoting self-employment and increasing the competitiveness of the  entrepreneurship of SMEs. The purpose of this policy brief is to analyze the existing challenges in the vocational education system hampering growth in the competitiveness of SMEs and to develop appropriate recommendations thereon.
Hotel Price Index - December, 2018

In December 2018, compared to November 2018, in Tbilisi, the hotel price index increased by 11.9%. The growth rate of guesthouse prices (21%) significantly exceeded the growth rate of 3*, 4* and 5* hotel prices (9.3%). Notably, the given dynamics differs from the dynamics of the previous year, when the overall price level of hotels in Tbilisi increased by 12.5%, the 3*, 4* and 5* hotel prices rose by 15.1%, while guesthouse prices grew only by 3.6%.
Georgian Economic Climate (Q1, 2019)

Georgian Economic Climate is a joint product of PMC Research Center and the ifo Institute for Economic Research. In this bulletin, we discuss Georgia’s economic climate as assessed by Georgian economists. PMC Research Center is a regional partner of the ifo Institute, one of the leading economic research institutes in Europe, specializing in applied economic research, policy advising and other services for governments, businesses, researchers and the public.

Georgia in International Rankings in 2018

Georgia was ranked 66th among 140 countries in the World Economic Forum’s Global Competitiveness Index1 in 2018. During 2010-2018 Georgia’s position in the ranking was improving, except one year. In 2018, compared to 2017, Georgia’s position
in the ranking improved by 1 place.
Raspberry VCA in Mtskheta-Mtianeti Region

The main goal of this VCA is to study, evaluate and analyse the current situation in the raspberry sector, and provide suitable recommendations. Although raspberry production in Georgia currently takes place in low amounts, it is believed that this sector has the potential to satisfy local demand, substitute imports, and export the product to the EU.