| Abstrakt: |
At the modern stage of development, the features of functioning of the global economic system, as well as the development conditions of specific regions or countries, have changed unprecedentedly. This is especially true for new states that are undergoing profound systemic changes due to the transition to a market economy, trade openness, and foreign investment inflows. The situation is similar, in general, in the South Caucasus and, specifically, in Georgia. In the world economic system, "small countries" occupy a rather distinct place. Accordingly, Georgia has international perspectives, under the conditions of more correct, rational and purposeful use of its own resources and advantages and the realization of relevant policies. Strengthening of the country's positions throughout the South Caucasus and deepening of regional economic cooperation will significantly contribute to this. Within the scope of this article, a study of Georgia's economic development prospects in the direction of specialized development and deepening of regional cooperation has been carried out, and based on the analysis of relevant foreign experience, certain recommendations have been developed. [ABSTRACT FROM AUTHOR] |
