Problems Faced by the Agricultural Sector and Agribusiness Development Strategy in Georgia

Authors: E. Kharaishvili, G. Erkomaishvili, M. Chavleishvili

Abstract:

The importance of agribusiness development is proved in accordance with the trends in the agricultural sector of Georgia. Agribusiness environment and the consequences of the agricultural reforms are evaluated. The factors hindering the development of agribusiness are revealed and the ways for overcoming these problems are suggested. SWOT analysis is done in order to identify the needs of agribusiness. The needs of agribusiness development in Georgia are evaluated by priorities: prevention of diseases and reduction of the harm caused by these diseases, accessibility of long-term agricultural loans with low interest rates, improving qualification of farmers, the level of education and usage of modern technologies, changes in legislation, accessibility to high quality agricultural machinery, and the development of infrastructure. Based on the outcomes of the research, agribusiness development strategies in Georgia are suggested and appropriate priorities of economic policy are determined. Conclusions are made and based on these conclusions, some recommendations are suggested.

Keywords: Agricultural sector, agribusiness development, agribusiness strategy, agribusiness in Georgia.

Digital Object Identifier (DOI): doi.org/10.5281/zenodo.1109980

References:

[1] Strategy for Agricultural Development in Georgia 2015-2020, Ministry of Agriculture of Georgia, 2015, p.10.
[2] E. Kharaishvili, Priority Directions of Agricultural Policy in Georgia, Georgian Policy, #1, 2013.
[3] Trends and Prospects for the Development of Georgian Wine Market, World Academy of Science, Engineering and Technology - ICEMBIT 2014: International Journal of Social, Management, Economics and Business Engineering Vol:8 No:10, 2014. E. Kharaishvili, M. Chavleishvili, M. Natsvaladze.
[4] National Statistics Office of Georgia, 2015, p.25. http:// www.geostat.ge
[5] Assessment of the Agriculture and Rural Development Sectors in the Eastern Partnership countries, 2012, p.15.
[6] E. Kharaishvili, The Issues of Competition and Competitiveness in Agricultural Sector of Georgia, Tbilisi, 2011, p.102.
[7] E. Kharaishvili, Farm Diversification and the Corresponding Policy for its Implementation in Georgia, World Academy of Science, Engineering and Technology, International Journal of Social, Education, Economics and Management Engineering Vol:9 No:5, 2015.
[8] G. Erkomaishvili, Economic Development Priorities of Georgia, Tbilisi, 2013, p.46.
[9] Agricultural Strategy: International Experience and Lessons for Georgia, 2014, p.9.
[10] Ministry of Finanse of Georgia, 2015, p. 2. http:// www.mof.ge
[11] Klump, R. Wirtschaftspolitik, Instrumente, Ziele und Institutionen, 2 aktualisierte Auflage, Muenchen, 2011, S.301.
[12] Annual Report 2014, Ministry of Agriculture of Georgia, www.moa.gov.ge