Georgia in the global ecosystem and the main priorities of sustainable development

Abstract

In the conditions of globalization, it is especially relevant to research the perspective of sustainable development of countries focused on increasing competitiveness. Sustainable competitiveness, on the one hand, as a guarantor of the country's development, determines the place and role of each country in the world ecosystem and, on the other hand, ensures the growth of public welfare. Georgia - located at the crossroads of Western Asia and Eastern Europe, is trying to take a worthy place in the global economic system. It has a small but open market and benefits mainly through international trade, tourism and transit services. The New Silk Road gave the country the opportunity to further expand trade and economic relations through the "Middle Corridor" to attract foreign investors by offering favorable conditions and to ensure the formation and development of a competitive economy by joining the European Union. In the paper, based on statistical data, the main trends of the development of the national ecosystem, the achievements of Georgia and the priorities of the country's economic development strategy are evaluated.