• NAME OF RESEARCH

    Seizing the opportunity to prosper - country economic memorandum

  • NAME OF AUTHOR

    World Bank

  • CATEGORY

    Economy

  • YEAR

    2014-12-22

  • Download PDF

The papes- “Georgia: Seizing the Opportunity to Prosper” suggests a path towards sustainable and shared growth. The main challenge is persistent joblessness, which must be addressed to establish a sustainable basis for the pro-poor development model outlined in the Government’s Socio-Economic Strategy 2020. While Georgia has improved its performance on poverty reduction and shared prosperity since 2010, more needs to be done to strengthen the income generation capacity of the bottom 40 percent of the population, which will call for a comprehensive policy agenda targeting job growth and job-readiness.

The report discusses the possibilities for Georgian economy. Statistical data is widely used in order to prove the statements represented in the paper.