Globalization and Economic Growth of Georgia in Conditions Modern Challenges
Journal Title: Globalization and Business - Year 2016, Vol 1, Issue 1
Abstract
The lack of social end intellectual development directly determines a low of economic growth and its quality in Georgia. Georgia is characterized with world competitiveness, competitiveness of growth, and current competitiveness, product efficiency, including low level of territorial intensification of industry. Insufficient insti- tutional end structural development, high level of shadow economy end corruption, significant disproportion between the factors of economic growth are obviously watched in the country. In our opinion, it is necessary to assign highest priority of macroeconomic policy to the investments into the human capital, development of education, science, public health, increase of an index of technological achievements.
Authors and Affiliations
Maia Chania
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