INVESTMENT ENVIRONMENT IN GEORGIA AND IMPACT OF FOREIGN DIRECT INVESTMENTS ON THE COUNTRY'S ECONOMIC DEVELOPMENT

The paper analyzes flow of foreign direct investments (FDIs) to Georgia, their economic efficiency and impact on country's economic development. While analyzing investment climate in Georgia main reasons negatively affecting the process of bringing investments in the country are also examined and efficient ways of Georgia's economic development and attracting investments are offered. These ways are connected with the establishment of liberal economic policy and free market conditions in the country. As much private owners are on a market as high an economic freedom is and investors are willing to invest in economically safe country where their invested capital will have high value and will be created possibility of bringing additional financial resources. Investing in spheres that are priorities in Georgian economy will contribute to the increase of country's competitiveness on international markets and economic growth.