კონფერენცია

∘ Goderdzi Tkeshelashvili ∘ Natia Aslamazashvili ∘
MACROECONOMIC FACTORS OF INVESTING IN THE GEORGIAN ECONOMY

Summary

Investments are an integral part of the modern economy. Economic development in the modern world is unimaginable without investing. Its source is both local and foreign investments. The countries that are outlined by high rate of economic development are characterized by large amounts of attracting foreign investments and their export. It is considered that the volume of foreign investments will be proportionate to the economic development of the states.

The process of attraction of foreign investments in Georgia is unsatisfactory and first of all requires macroeconomic measures to be activated that is expressed in the following directions: market infrastructure and its development level; tax environment, its liberality and simplicity; monetary policy and national currency stability; stability of business legislative base.

The mentioned directions should become the general line of support for economic development of the country. Otherwise, it is impossible to achieve the desired economic growth of the country.

Keywords: economy, investment, foreign investment, exchange, macroeconomic factors.

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	∘ Goderdzi Tkeshelashvili ∘ Natia Aslamazashvili ∘ MACROECONOMIC FACTORS OF INVESTING IN THE GEORGIAN ECONOMY Summary Investments are an integral part of the modern economy. Economic development in the modern world is unimaginable without investing. Its source is both local and foreign investments. The countries that are outlined by high rate of economic development are characterized by large amounts of attracting foreign investments and their export. It is considered that the volume of foreign investments will be proportionate to the economic development of the states. The process of attraction of foreign investments in Georgia is unsatisfactory and first of all requires macroeconomic measures to be activated that is expressed in the following directions: market infrastructure and its development level; tax environment, its liberality and simplicity; monetary policy and national currency stability; stability of business legislative base. The mentioned directions should become the general line of support for economic development of the country. Otherwise, it is impossible to achieve the desired economic growth of the country. *Keywords:* economy, investment, foreign investment, exchange, macroeconomic factors.