publication . Report . 2013

Georgia Economic Report, October 2013 : Seeking Effective Policies

World Bank;
Open Access English
  • Published: 01 Oct 2013
  • Publisher: World Bank, Washington, DC
  • Country: United States
Abstract
This economic report records the economic activities of Georgia for the year 2013. The growth slow-down in 2013, largely viewed as temporary, reflected to a large extent policy uncertainty that began with the late-2012 parliamentary elections and is expected to last until the October 2013 Presidential elections, and attempts by the new government to trim public investment spending. In the absence of a clear communications strategy and a well-structured development strategy that elaborated the government’s policy direction, a weakening of consumer and investor confidence since November 2012 along with a cut in public investment spending, contributed to slower gro...
Subjects
free text keywords: GROWTH, FINANCE, POLICY, JOBS, OIL, INDUSTRY, EMPLOYMENT, DEFICIT, PRODUCTION, economic growth, inflation, labor market, trade, poverty, fiscal policy, monetary policy, economic outlook, debt, structural reforms
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