Asymmetry of prosperity and business activity levels according to the regions of Georgia
The conditions in a specific region of Georgia serve as a key indicator of the country's overall economic, political, and social strength. This makes accurate analysis and effective problem-solving essential. Regions within Georgia face notable challenges, with varying development opportunities...
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| Format: | Article |
| Language: | English |
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Kutaisi University
2025-01-01
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| Series: | ეკონომიკური პროფილი |
| Online Access: | http://economicprofile.org/pdf/28/Geo/%E1%83%AE%E1%83%94%E1%83%A0%E1%83%AE%E1%83%90%E1%83%AB%E1%83%94%20%E1%83%90.,.pdf |
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| Summary: | The conditions in a specific region of Georgia serve as a key indicator of the country's overall economic, political, and social strength. This makes accurate analysis and effective problem-solving essential. Regions within Georgia face notable challenges, with varying development opportunities. To maximize impact, it's crucial to utilize each region’s development potential optimally and to allocate resources strategically. Georgia’s population distribution is uneven, with most residents concentrated in municipal centers and economically active areas. Regional disparities in development stem from natural-geographic characteristics and differing levels of industrial, tourism, agricultural, social, and infrastructure development.
Over time, as economic growth progresses, the inequality gap between Georgia's regions continues to widen. A substantial portion of foreign investment and start-ups in the country—74% and 45%, respectively, as of 2023—originates from the capital, leaving regional areas dependent on state funding. The per capita volume of direct foreign investment in Georgia's regions is ten times lower than in the capital, while business sector output is 3.4 times lower. |
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| ISSN: | 1512-3901 2587-5310 |