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GEORGIA AND THE FUNCTIONING MARKET ECONOMY: EVOLUATION IN THE PRISM OF ,,COPENHAGEN CRITERIA”

Authors

Tsimintia Kakhaber, Gejua Merab

Rubric:Regional Economy
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Annotation

In the presented paper, we aim to determine Georgia's compliance with the economic sub-criterion of the "Copenhagen criteria", such as a functioning market economy, comparative analysis of the relevant economic indicators of Georgia and the candidate countries for EU membership (as of 2020) and determination of the main directions for ensuring these criteria.

Keywords

Economy of Georgia
Accession criteria
Copenhagen criteria
Economic criteria

Authors

Tsimintia Kakhaber, Gejua Merab

References:

  1. https://ec.europa.eu/neighbourhood-enlargement/enlargement-policy/glossary/accession-criteria_en
  2. European Commission. Directorate-General for Economic and Financial Affairs. Progress towards Meeting the Economic Criteria for EU Accession. The EU Commission’s 2021 Assessments. INSTITUTIONAL PAPER 161 | NOVEMBER 2021.  (https://ec.europa.eu/info/business-economy-euro/economic-and-fiscal-policy-coordination/international-economic-relations/enlargement-and-neighbouring-countries/enlargement/economic-accession-criteria_en
  3. National Statistics Office. Business sector in Georgia. 2021.
  4. National Bank of Georgia. Financial Sector Review. Analytical tables and diagrams. May,2022.
  5. National Bank of Georgia. Financial stability report 2021. 
  6. National Statistical Service of Georgia. National accounts. 2020. Tbilisi 2022.
  7. National Statistical Service of Georgia: https://www.geostat.ge
  8. Ministry of Finance of Georgia: https://mof.ge  

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