Since 2012, when the political party Georgian Dream took leadership of the country’s governance, economic [real] growth reached its highest rate in 2017 (5.0%). The drivers of this growth were construction (11.2%), hotels and restaurants (11.2%), and the financial sector (9.2%). However, a few sectors of the economy declined in 2017, and one was agriculture (-2.7%).
With EU financial and technical assistance, as well as training and education on cooperation and agribusiness, small farmers in Georgia are benefitting from economies of scale, cutting their production costs and increasing efficiency.
With EU financial and technical assistance, as well as training and education on cooperation and agribusiness, small farmers in Georgia are benefitting from economies of scale, cutting their production costs and increasing efficiency.
On October 3, 2017, ISET Policy Institute Executive Director Lasha Labadze made a presentation at the conference "Modern Educational Programs to Support Agribusiness Development,” organized by East European University within the International Scientific Festival, planned by the Ministry of Education and Science of Georgia.
In developed countries like Korea and Australia, employment in the agricultural sector is gaining more and more popularity, however, moving back to the countryside in developing nations remains associated with poverty, inefficiency, and lack of progress.