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Presentation of the Invest in Georgia campaign in London during the Forum Road Show in London, 31 October 2007.
Photo: Invest in Georgia

Suggested readings

Click here for "And the winner is Georgia" campaign.

The Cato Institute together with the New Economic School of Georgia organized a libertarian event in Tbilisi in 2006. Co-organizers included the Atlas Economic Research Foundation, the Heritage Foundation, the Friedrich Naumann Foundation and others. For more see Freedom, Commerce, and Peace: A Regional Agenda.

To get a sense of Georgia's economic improvements, please see a set of IMF reports on developments since 2004, at the IMF's Georgia website.

IMF: "Georgia: Fifth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria" (2010). Pages 27 onwards include macroeconomic indicators.

IMF: "Georgia: First Review Under the Stand-By Arrangement-Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia" (2009):

"Real GDP growth, which had been impressive and broad based until June 2008, is projected to become negative in the second half of 2008, following a sharp decline in private demand driven by lower inflows and the shock to confidence. Growth in 2008 is projected at 3½ percent." (p. 8)

IMF: "Georgia: Sixth Review Under the Three-Year Arrangement Under the Poverty Reduction and Growth Facility and Request for Waiver of Performance Criteria - Staff Report; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Georgia" (2007):

"Fiscal performance saw a spectacular improvement, with tax revenues increasing from 14.5 percent of GDP in 2003 to almost 22 percent in 2006, despite a reduction in rates and the elimination of a number of taxes. Combined with privatization proceeds (which averaged 4.2 percent of GDP in 2005

April 2010

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