Last year, the World Bank called Georgia the world's "top economic reformer".
Foreign Direct Investment was 19.8% of Georgian GDP in 2007 (the highest rate in the world according to Richard Holbrooke) compared with 13.9% in 2006. In terms of raw amounts, FDI doubled every year.
In just three years, Georgia rose from 122nd to 18th — ahead of Germany — in the World Bank's "Doing Business" survey.
GDP grew an astounding 12.4% in 2007, one of the fastest rates in the world.
Just last month, Roy Southworth, World Bank country director for Georgia, praised Saakashvili's government for promoting growth, reducing poverty and fighting corruption.
Friday, August 22, 2008
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