Georgia Competitive Industries Preliminary Sector Diagnostic

Onugha, Ifeyinwa; Iootty, Mariana; Kilroy, Austin; Palmade, Vincent

Georgia Competitive Industries Preliminary Sector Diagnostic

2013

Onugha, Ifeyinwa | Iootty, Mariana | Kilroy, Austin | Palmade, Vincent

As a small and open economy, Georgia's growth prospects are directly linked to its ability to produce and sell goods and services competitively in the global marketplace. The World Bank Georgia Competitive Industries Technical Assistance Project has been launched in February 2013 in response to the December 19, 2012 letter of the Ministry of economy and sustainable development of Georgia with the request to get the Bank's support in diagnoses of trade competitiveness and identification of a road map for reform to enhance Georgia's export growth and competitiveness. The project is envisioned as a three phase program, that comprises: February-June 2013 analytical and technical assistance support, including diagnostic of trade competitiveness and constraints to export growth, and competitive industries sector diagnostic report, supported by extensive discussions through a series of workshops, private and public sector interviews, discussions and a large 2-day seminar on February 28-March 1, 2013; July-December 2013-deep dive analysis of selected competitive industries and development of a reform road map to support Georgia's competiveness strategy; and from January 2013-reform implementation, supported by the Bank's technical assistance, policy advice and lending operations. The report is prepared on the basis of the competitive industries sector prioritisation framework. The report incorporates ideas and recommendations received during February 28-March 1, 2013 seminar and several smaller workshops and brainstorming sessions held in March-May 2013. Export led growth provides also a strong motivation to reform the domestic industries which will continue to account for the vast majority of employment. Georgia's main domestic industries include agriculture, retail/wholesale, construction, transportation, health and education. Since economic growth is accounted for by productivity improvements by workers in all industries, export-led growth can play a key role in raising these productivity levels.

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AGROVOC Keywords

accountability accounting agriculture auditing best practices brand business associations businesses commerce commercial banks communication strategies communication technology consumer preferences economic analysis economic development economic growth economics elasticity electricity employment entrepreneurship equipment export promotion exports farms financial market foreign investment forestry free trade growth rate impact assessment income innovation intellectual property rights interest rates international trade joint ventures legislation manufacturing market prices market research marketing material metals migration natural resources patents private sector product quality production costs productivity property rights radio results retail retirement sales supply chains sustainable development taxation technology transfer television trade barriers trade liberalization transport uses value added volatility wages world markets

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World Bank, Washington, DC

Other Subjects

Intellectual property; Per capita income; Comparative advantages; Export sector; Deposit insurance; Financial management; Income levels; Fair competition; Business environment; Export markets; Foreign direct investment; Productivity growth; Institutional framework; Export sectors; Level playing field; Transaction; Wage rates; Financial sector; Chambers of commerce; Limited access; Environments; Comparative advantage; Action plan; Global competitiveness; Regulatory environment; Monitoring mechanism; Per capita incomes; Suppliers; International investments; Economies of scale; Value chain; Growth potential; Export market; Chemical fertilizers; Government subsidies; Matching grants; Medium enterprise; Oil; Customs; Environmental; Export opportunities; Business environments; Graphical representation; Enterprise survey; Private sector development; Private investments; Traditional market; Enterprise surveys; Real gdp; Global supply chains; Ict; Service providers; Opportunity cost; Commodity; Manufacturing industry; Manufacturing industries; Financial services; Export opportunity; Result; Producers; Private sector investments; Policy environment; Capital investment; Development agency; Enabling environment; Quality standards; Now accounts; Income elasticity; Capabilities; Market share; Consumer markets; Custom; Financial markets; Global standard; Total factor productivity; Open economy; Market reform; Chamber of commerce; E-government; Ministries of finance; Economic reform; National economy; New markets; Financial crisis; Fair; Business plans; Export led growth; International markets; Political economy; Competitive advantage; Labor force; Market information; Economic activity; Gdp; Growth path; Semiconductor; Climatic conditions; Corporate finance; Marketplace; Capital markets; Image; Conceptual framework; International investment; International standards; Backbone; Warehouse; Market opportunities; Benchmarking; Benchmark; Technology transfers; Competitive advantages; Tax rates; Growth strategy; Gross sales; Capability; Technical assistance; Export growth; World trade; Gdp per capita; Information communication; Business services; Export development; Global marketplace; Income elasticity of demand; Market trends; Global standards; Technical assistance project; Global market; Trade competitiveness

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http://hdl.handle.net/10986/16069http://creativecommons.org/licenses/by/3.0/World BankCC BY 3.0 Unported

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Georgia Competitive Industries Preliminary Sector Diagnostic

2013

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