კონფერენცია

∘ Levan Silagadze ∘
GDP-DFI INTERRELATION IN POST-SOVIET STATES

Summary

It is impossible to retain traditional economic state financing in the new states emerged after the collapse of the Soviet Union because there is no sufficient internal financial resources. It is impossible to introduce innovative economy with such efforts. The focus should be placed on attraction of foreign investments and simultaneously, on the development of innovative economy. The analysis given in this work reveals that in post-Soviet period, more investments are attracted in the states which are rich in resources but the same cannot be said about DFI % share in GDP.

Ivane Javakhishvili Tbilisi State University Paata Gugushvili Institute of Economics International Scientific C O N F E R E N C E S "ECONOMY – XXI CENTURY"

E ISSN 2587 - 4691	∘ Levan Silagadze ∘ GDP-DFI INTERRELATION IN POST-SOVIET STATES Summary It is impossible to retain traditional economic state financing in the new states emerged after the collapse of the Soviet Union because there is no sufficient internal financial resources. It is impossible to introduce innovative economy with such efforts. The focus should be placed on attraction of foreign investments and simultaneously, on the development of innovative economy. The analysis given in this work reveals that in post-Soviet period, more investments are attracted in the states which are rich in resources but the same cannot be said about DFI % share in GDP.