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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World Bank, Washington, DC

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

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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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