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Shaping the Future of Multilateralism - Imbalanced foreign trade, debt, and investment in developing countries: The case of Georgia

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This study is part of the series "Shaping the Future of Multilateralism - Inclusive Pathways to a Just and Crisis-Resilient Global Order" by the Heinrich-Böll-Stiftung's European Union and Washington, DC offices.

 

Georgia remains a developing country even three decades after its independence from the Soviet Union and despite its strategic location and abundant natural resources. It has benefited to a limited extent from foreign investment and relatively recent free-trade agreements with the EU and China. But its full emergence as an economically and politically resilient State has been hampered by modernization driven development agenda and neoliberal policies with too little regard for their social and environmental impacts in Georgia, as well as highpressure, counter-productive trade- and lending policies imposed by global powers such as the IMF, the EU, the United States, and China.

Product details
Date of Publication
June 2021
Publisher
Heinrich-Böll-Stiftung European Union and Heinrich-Böll-Stiftung Washington, DC
Number of Pages
26
Licence
Language of publication
English
Table of contents

Imbalanced foreign trade, debt, and investment in developing countries: The case of Georgia
Free-trade agreements and trade balance
Foreign investment
Debt
Social and environmental impact of trade and investment
Geopolitics of Trade
Actors, platforms, and global responses
Policy Recommendations
Sources (In-text citation)
Reference list (Hyperlinks in text)