English / ქართული / русский /
Naira VirsaladzeMavlina Kipiani
STATISTICS OF FOREIGN ECONOMIC RELATIONS AS AN INDICATOR OF THE COUNTRYS ECONOMIC DEVELOPMENT

summary

In the modern stage of globalization, economic relations between countries include a large amount of information on diverse and large-scale operations, which is an important indicator in the hands of analysts and politicians to correctly determine the development priorities of the country, not only foreign economic but also the whole economy. The balance of payments is one of the main and important national accounts, the purpose of which is to quantify the economic transactions carried out by residents of the national economy with non-residents, thus establishing a certain external economic balance between a given country and the rest of the world. Promoting local or foreign investment is one of the priorities of the challenges facing the Georgian economy. The economic growth and further development of the country greatly depends on its quantity and quality. No less important is the role of statistics in the management and regulation of these processes. For Georgia, as a country with the status of a developing economy, it is especially important to create a stable investment environment, which along with the inflow of foreign investment will help to create more jobs, strengthen the real economic sector, the country's economic development and European integration. The role of statistics in the management of these processes is to produce and extend complete, timely, qualified information in line with international standards. Complete and comprehensive information allows to do real, in-depth and meaningful analysis. An in-depth study of the existing problems and challenges, in turn, clearly leads to effective measures based on the development of specific proposals, which, unfortunately, actually rarely happens during the registration of our country, as well as in the processing of information. The process should be based only on state interests and respond to real ways of solving existing problems.