Economics suggests that competition in a market brings more welfare to a country. Anti-monopoly agencies exist to create policies that limit market dominance and achieve competition.
Competitiveness is an elusive term that can mean different things to different people. Moreover, there is no consensus on how a country can become competitive.
The National Competitiveness Report (NCR) for Georgia aims to complement the World Economic Forum’s Global Competitiveness Report by providing an in-depth and comprehensive treatment of competitiveness issues. In particular, it will explore the potential for Georgia to leverage its geographic location and business environment to assume the role of a hub economy in the greater Caucasus region. The overall aim of the project was to generate the first National Competitiveness Report (NCR) for Georgia, following the World Economic Forum's methodology.