INVESTMENT ACTIVITY AND DYNAMICS OF FOREIGN DIRECT INVESTMENT DEVELOPMENT IN GEORGIA

Economic development of any country is impossible without purposeful management of investment activities and investment policy. Foreign direct investments are an important component of the country's most important financial instrument, the balance of payments. The goal of the investment policy is to achieve high rates of economic growth, maximize revenues and ensure financial sustainability. All this becomes impossible without the development of direct foreign investments. The aim of the paper is to analyze the investment activity and the dynamics of the development of foreign direct investment in Georgia, as well as the analysis of the investment climate and investment environment at different levels of management, state investment policy and state regulation of investment activities, and current investment processes in Georgia, taking into account international experience. The main aspects of state regulation of investment policy, investment environment, investment projects and investment processes in Georgia are discussed. Factors affecting the investment environment are established, such as: level of resource potential, development of market infrastructure, socio-economic situation, political stability, legal regulation, promotion of the stimulating role of the state's fiscal policy and international experience.