REGIONAL SPECIFICS OF THE DEVELOPMENT OF THE ENTREPRENEURIAL SECTOR IN GEORGIA
In recent decades, the development of the entrepreneurial sector in Georgia has been characterized by contradictions between territorial units. Since this period, one of the main directions of economic reforms carried out in the country has been to overcome the negative tendencies in the territorial...
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| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Kutaisi University
2025-06-01
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| Series: | ეკონომიკური პროფილი |
| Subjects: | |
| Online Access: | http://economicprofile.org/pdf/29/Eng/Chanturidze%20I.,.pdf |
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| Summary: | In recent decades, the development of the entrepreneurial sector in Georgia has been characterized by contradictions between territorial units. Since this period, one of the main directions of economic reforms carried out in the country has been to overcome the negative tendencies in the territorial entities, resulting from the economic crisis, to maximize the potential of the regions, to transform all spheres of economic activity, taking into account their specific features. The presented article discusses the difficulties faced by the entrepreneurial sector after independence. The study focuses on the regional specifics of the development of the entrepreneurial sector in Georgia. Based on calculations, regional differences in various indicators are presented and conclusions are drawn.
As the analysis shows, in the early years following independence, the disparities in regional development levels were not as deep as those observed in subsequent decades. However, the share of the capital city (Tbilisi) has been steadily increasing. Overcoming the negative trends brought about by economic crises in territorial units, and fully utilizing regional potential, will be impossible without encouraging balanced socio-economic development across all areas. Eliminating regional disparities, addressing the significant differentiation in key indicators of the entrepreneurial sector, and narrowing the development gap among Georgia’s territorial units must become the primary objectives of regional policy. |
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| ISSN: | 1512-3901 2587-5310 |