Georgia: Selected Issues
May 16, 2006
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This Selected Issues paper reviews the financial sector development in Georgia in recent years, and investigates why it has lagged behind economic development, as well as developments in more advanced transition economies. The paper briefly reviews recent financial sector development in Georgia, comparing it with developments in its neighboring countries in the Caucasus, the seven poorest countries in the Commonwealth of Independent States (CIS-7), the Baltics, and central and eastern Europe. The paper also analyzes possible factors constraining financial intermediation in Georgia and in some of the CIS countries more generally.
Subject: Banking, Commercial banks, Corruption, Crime, Economic sectors, Financial institutions, Fiscal risks, Informal economy, Loans, Public financial management (PFM)
Keywords: Baltics, banking sector, Central and Eastern Europe, Commercial banks, comparing shadow economy, Corruption, CR, Eastern Europe, Fiscal risks, Georgia, Global, government, Informal economy, ISCR, LEPL, LEPL reform, Loans, reform strategy, SDS estimate, shadow economy, shadow economy development
Pages:
63
Volume:
2006
DOI:
Issue:
170
Series:
Country Report No. 2006/170
Stock No:
1GEOEA2006001
ISBN:
9781451814590
ISSN:
1934-7685
