## Georgia: Selected Issues

_IMF Staff Country Reports, June 28, 2018_

## Source details

**Canonical URL:** [Georgia: Selected Issues](https://www.imf.org/en/publications/cr/issues/2018/06/28/georgia-selected-issues-46037)

## Other formats

- [Markdown version](/en/publications/cr/issues/2018/06/28/georgia-selected-issues-46037/index.md)
- [Structured JSON version](/en/publications/cr/issues/2018/06/28/georgia-selected-issues-46037/index.json)
- [Bundle manifest](/en/publications/cr/issues/2018/06/28/georgia-selected-issues-46037/bundle-manifest.json)

## Bibliographic details
- Published: June 28, 2018
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781484364062.002

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### Overview and Purpose
- Assesses macroeconomic and structural reforms in Georgia.
- Evaluates a government reform package comprising fiscal consolidation, scaling up public investment, improving government efficiency, and education reform.
- Uses modeling analysis to quantify macroeconomic benefits of the reform package.

### Major Findings
- Over the long term, real GDP is estimated to be about 5 percent higher than in the baseline.
- In the transition toward the new equilibrium, annual growth is estimated to be about 0.7 percentage points higher over the medium term.
- The education reform has sizeable effects, but they only come into effect in the long term.

### Policy Elements Assessed
- Fiscal policy within a declining deficit path intended to incentivize private investment.
- Scaling up of public investment.
- Improvements in government efficiency.
- Education reform.

### Subjects and Keywords (as listed)
- Education, Employment, Export diversification, Exports, International trade, Labor, Labor force, Labor markets
- Keywords: CR, Employment, Export diversification, export product diversification, Exports, GDP, GDP growth, Georgia, Global, ISCR, Labor markets, monetary policy stance, National bank of Georgia, product, productivity growth

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## Content in this bundle

- **Country Report**
  - [Country Report (Markdown version)](/-/media/files/publications/cr/2018/cr18199.pdf.md){rel="alternate" type="text/markdown"}
  - [Country Report (PDF)](/-/media/files/publications/cr/2018/cr18199.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2018/06/28/georgia-selected-issues-46037_