What is it that makes some countries more competitive than others? Understandably, a lot depends on inherited conditions: cultural norms such as punctuality (not Georgia’s main strength), decency and hospitality, the quality of local labor and rms, geographic location, natural resource endowment, etc. As is becoming increasingly obvious, a key role in attracting resources is played by the quality of national institutions: strength of democracy, health and education systems, rule of law, independent judiciary and protection of property rights. Finally, specific government policies are very important in ensuring security and macroeconomic stability, providing public services and infrastructure, facilitating regional collaboration, trade, travel and communication with the rest of the world.
This report discusses the above mantioned topics and evaluates the national competitivness.