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OECD Investment Policy Reviews: GeorgiaBuy this book

OECD Investment Policy Reviews: OECD Investment Policy Reviews: Georgia:

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Tables and Graphs

1. Assessment and recommendations

Figure 1.1. Strong average GDP growth has helped halve poverty Figure 1.2. Georgia ranks among the top countries in the world to do business Figure 1.3. Contribution to GDP by economic sector Figure 1.4. GDP growth dependent on domestic consumption Figure 1.5. Non-tradable sectors attract the most FDI

2. FDI trends and sustainable development impact

Figure 2.1. FDI inflows stagnate after initial growth Figure 2.2. Georgia performs well compared to peers Figure 2.3. Equity investments have been declining Figure 2.4. Georgia attracts FDI primarily from Europe and bordering countries Figure 2.5. Non-tradable sectors attract the most FDI Figure 2.6. FDI in tourism growing but flat in agriculture and manufacturing Figure 2.7. Selected development outcomes of FDI

3. Domestic regulatory framework and investor protection

Figure 3.1. Georgia is one of the most open economies to foreign investment Figure 3.2. FDI restrictions by sector broadly match those found in OECD countries Figure 3.3. As a small, open economy, Georgia performs relatively well in attracting FDI overall Figure 3.4. Evolution of Georgia’s investment treaty relationships Figure 3.5. Approximate evolution of Georgia’s inward and outward FDI stock coverage from investment treaties in force Figure 3.6. Overview of Georgia’s overlapping investment treaty relationships in force today Figure 3.7. Different approaches to residual treaty validity Figure 3.8. Projection of the temporal validity of Georgia’s investment treaties

Annex Table 3.A.1. Bilateral investment treaties – in force Annex Table 3.A.2. Bilateral investment treaties – terminated Annex Table 3.A.3. Bilateral investment treaties – signed but not in force Annex Table 3.A.4. Multilateral trade and investment treaties – in force

4. Promoting sustainable investment in Georgia’s agri-food value chain

Figure 4.1. The agri-food value chain's role in the economy Figure 4.2. FDI in agriculture and manufacturing Figure 4.3. FDI in agriculture by country of origin Figure 4.4. Investments in fixed assets in agriculture and food processing Figure 4.5. Agri-food exports and imports Figure 4.6. Composition of agri-food exports and imports Figure 4.7. Productivity in agriculture and food processing Figure 4.8. Labour productivity in agriculture: international comparisons Figure 4.9. Wages in the agri-food value chain Figure 4.10. Production of agricultural commodities by farm type Figure 4.11. Budgetary allocations for the Ministry of Agriculture Figure 4.12. Trading across borders: international comparisons Figure 4.13. FDI restrictions in agriculture and food Figure 4.14. Progress in the registration of agricultural land Figure 4.15. Commercial lending to the agricultural sector Figure 4.16. Lending by microfinance organisations Figure 4.17. Quality of infrastructure: international comparisons Figure 4.18. Logistics Performance Figure 4.19. Transport infrastructure investment: international comparisons Figure 4.20. Global production and yield of hazelnuts

Table 4.1. Foreign investors in Georgia’s agri-food value chain Table 4.2. The Partnership Fund: support for agri-food investment projects

5. Promoting investment in Georgia

Figure 5.1. Georgia’s institutional framework for investment promotion Figure 5.2. Number of mandates of Enterprise Georgia and selected other IPAs Figure 5.3. Share of investment promotion in total budget Figure 5.4. Georgia has relatively few staff dedicated to investment promotion Figure 5.5. Staff profiles in Enterprise Georgia and in other selected IPAs Figure 5.6. Staff allocation in Enterprise Georgia and selected IPAs Figure 5.7. Enterprise Georgia carries out fewer activities than other selected IPAs Figure 5.8. Enterprise Georgia has more institutional relationships than many other IPAs

Table 5.1. Doing Business in Georgia and selected countries Table 5.2. Provision of facilitation and aftercare services by Enterprise Georgia and selected IPAs Table 5.3. General framework of institutional co-operation and co-ordination for IPAs Table 5.4. Institutional relations of Enterprise Georgia

6. Promoting responsible business conduct in Georgia

Table 6.1. National Action plans on RBC/BHR in Central, Eastern European and Eastern Partner countries Table 6.2. Ratification of ILO Conventions among Eastern Partner countries

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Disclaimer

This work is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of OECD member countries.

This document, as well as any data and map included herein, are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area.

Photo credits: Cover © Ozbalci/iStock/Getty Images Plus.

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