The impact of oil prices on the volume of foreign direct investment in Georgia

Abstract

Foreign direct investment in the country over the last two decades is analyzed by group of countries, sectors, regions of the country and leading countries. Periodized by years of foreign direct investment based on oil prices over the years. A study of the situation and prices in the oil markets has been conducted. The relationship between oil prices and foreign direct investment is given.It is concluded that the fluctuation of oil prices during this period may affect the volume of direct investment of major oil-producing countries and exporters, although this does not directly affect the volume of foreign direct investment in the country. It is noted that factors influencing the amount of foreign direct investment may be inconsistent, economic and social policies of the government, rising levels of corruption, deteriorating criminal situation and taking into account the interests of the aggressor country (namely, delaying the construction of Anaklia port, which is not really in the interests of the country).