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    Asian Development Bank and Georgia: Fact Sheet

    Asian Development Bank | June 2010
    Abstract
    Updated yearly, this ADB Fact Sheet provides social and economic indicators on Georgia as well as concise information on ADB's operations in the country and contact information. Georgia is a small open economy strategically located at the crossroads of Europe and Asia and is an important nodal point for regional trade flows. In recent years, the Government of Georgia has successfully implemented deep and far-reaching economic reforms, including in the areas of anticorruption, social welfare, business environment, and fiscal management. As a result of improved competitiveness and of an extensive privatization program, cumulative net Foreign Direct Investment (FDI) (2004–2010) as percent of gross domestic product (GDP) is forecasted at about 62%, with FDI reaching almost all sectors of the economy. In 2004–2009, GDP grew at 5.9% on average, generating an increase of about 32.3% in real GDP.
    Citation
    Asian Development Bank. 2010. Asian Development Bank and Georgia: Fact Sheet. © Asian Development Bank. http://hdl.handle.net/11540/5723.
    Keywords
    Trade Facilitation
    Trade
    Economic integration
    Regional Economic Integration
    Free Trade
    Trade Agreements
    Trade Policy
    Economic Development
    Economics
    International Economics
    Intraregional Trade
    Economic planning
    Economic structure
    Growth policy
    Trade relations
    Trade policy
    Trade policy
    Economic development
    Regional economics
    Economic forecasting
    Economic development projects
    Success in business
    Business
    Free trade
    Business
    Economics
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    Citable URI
    http://hdl.handle.net/11540/5723
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    Author
    Asian Development Bank
    Theme
    Trade
    Economics
     
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise
    Copyright 2016-2021 Asian Development Bank Institute, except as explicitly marked otherwise