dc.contributor.author	World Bank
dc.date.accessioned	2023-10-26T14:25:07Z
dc.date.available	2023-10-26T14:25:07Z
dc.date.issued	2023-10-26
dc.description.abstract	Since the release of the first Georgia Systematic Country Diagnostic (SCD) in 2018 Georgia has regained upper middle-income status and has shown resilience amid a rapidly changing external environment. Economic growth has remained robust despite shocks, driven by capital accumulation. Consistent with the slowdown in the labor contribution to growth, poverty reduction has slowed in recent years, as income from wages has decreased. Georgia has struggled to create quality jobs, and labor force participation has declined. Constraints to firm productivity and growth limit the ability of enterprises to create good jobs. Georgia has made significant strides in access to social services, but human capital formation is undermined by quality constraints, particularly in education. In terms of sustainability, Georgia has so far been unable to decouple carbon emissions from economic growth. The report discusses as well other aspects of resilience, in terms of response to shocks and overall governance. Going forward, this SCD update identifies ten policy objectives and four high level outcomes (HLOs). These HLOs are: (i) enhanced creation of good quality jobs by boosting productivity; (ii) improved and more equitable human capital; (iii) enhanced readiness to climate change and the green transition; and (iv) improved resilience to shocks.	en
dc.identifier	http://documents.worldbank.org/curated/en/099091123095542018/BOSIB0b20cd99400808b850ff9dcbaae8d0
dc.identifier.doi	10.1596/40540
dc.identifier.uri	https://openknowledge.worldbank.org/handle/10986/40540
dc.language	English
dc.language.iso	en_US
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY-NC 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	https://creativecommons.org/licenses/by-nc/3.0/igo
dc.subject	RESILIENCE
dc.subject	RESPONSE TO SHOCKS
dc.subject	GOVERNANCE
dc.subject	JOBS
dc.subject	PRODUCTIVITY
dc.subject	HUMAN CAPITAL
dc.subject	CLIMATE CHANGE
dc.subject	GREEN TRANSITION
dc.title	Georgia Systematic Country Diagnostic Update	en
dc.title.subtitle	Keeping the Reform Momentum	en
dc.type	Report
dspace.entity.type	Publication
okr.crossref.title	Georgia Systematic Country Diagnostic Update: Keeping the Reform Momentum
okr.date.disclosure	2023-10-26
okr.date.lastmodified	2023-10-16T00:00:00Z	en
okr.doctype	Systematic Country Diagnostic
okr.docurl	http://documents.worldbank.org/curated/en/099091123095542018/BOSIB0b20cd99400808b850ff9dcbaae8d0
okr.guid	099641510312324001
okr.guid	099091123095542018
okr.identifier.docmid	BOSIB-b20cd994-c168-4508-8b85-ff9dcbaae8d0
okr.identifier.doi	http://dx.doi.org/10.1596/40540
okr.identifier.externaldocumentum	34159577
okr.identifier.internaldocumentum	34159577
okr.identifier.report	184857
okr.import.id	2162
okr.imported	true	en
okr.language.supported	en
okr.pdfurl	http://documents.worldbank.org/curated/en/099091123095542018/pdf/BOSIB0b20cd99400808b850ff9dcbaae8d0.pdf	en
okr.region.administrative	Europe and Central Asia
okr.region.country	Georgia
okr.topic	Macroeconomics and Economic Growth::Economic Growth
okr.topic	Environment::Adaptation to Climate Change
okr.topic	Social Protections and Labor::Labor Markets
okr.unit	World Bank Office: Tbilisi (ECCGE)
okr.unit	South Caucasus Country Unit (ECCSC)

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Georgia Systematic Country Diagnostic Update: Keeping the Reform Momentum