Post-Crisis Challenges of Regional Economic Development in Georgia

Japaridze, Dimitri (2010) Post-Crisis Challenges of Regional Economic Development in Georgia. In: 1st International Conference SPATIAL ECONOMY FOR SOCIETY, 18-19 November, 2010, A. Mickewych University, Poznan, Poland. (Unpublished)

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The research examines the challenges of the regional economic development in Georgia in a post August 2008 war period, describes and interprets the trends and the problems that are associated with the evolving pattern of the regional economic development in Georgia. Two main questions are addressed in the research: - How are the processes of regional economic development policy, introduced by central government few years ago, implemented? - What are the effects of the crisis on regional economic development in Georgia? - How can the design of existing institutional framework be modernized to ensure the improvements in regional economic development in Georgia? The focus is on all important elements affecting the regional economic development in both pre-war and post-war periods. The research highlights the overall transformation context and common trends and challenges in the regional policy evolution in Georgia. Based on existing statistical data of regional profile the research maintains an overview of the regional policy developments, namely the existing “top-down” model (road infrastructure, transport and communications facilities, industrial sites, etc.). Particular attention is paid to the patterns of regional disparities in Georgia. The factors having particular importance in the process of regional economic development have been thoroughly examined: GDP, agriculture, industry, services, construction, public and private finances, employment and poverty. Research-based analysis, the recommendations are issued related to the institutional set-up of the regional economic governance reform. Recommendations are about the efficient approach to be applied in a near future: endogenous way of development through the “bottom-up” model is to be executed aiming at supporting the entrepreneurship, developing human capital and building local institutions capable to smooth the process of transition from exogenous to endogenous strategy of economic development in the regions.Presented assumptions on the institutional set-up of regional economic development can be applicable for decision makers of central and local governments so they can adjust the current model of regional economic management to a paradigm of European Charter of Local Self-Government.

Item Type: Conference or Workshop Item (Keynote)
Subjects: H Social Sciences > HB Economic Theory
Depositing User: პროფ. დიმიტრი ჯაფარიძე
Date Deposited: 09 Feb 2014 11:57
Last Modified: 22 Apr 2015 09:39

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