Trend Analyses of Georgian Wine Business

Olga Pachulia

Abstract: The following paper is devoted to perspectives of Georgian economic development and authors underlined the strategic importance of the agriculture and wine business and asserted it as essential for sustainable growth of economy, increase of employment, financial growth and increase of GDP. Also, the article shows, the micro or macroeconomic factors, that influenced on the failure of agriculture and wine industry, such as wars, political situation, credit policy and shows the factoral and trend analyses of Georgian wine business for 2008-2016 years. Besides, there is given the suggestions to solve the problem connecting to the agriculture and wine realization in international markets strong quality control system over the production, promotional and marketing activities, technological, production, operational and infrastructural development especially in regions.

Keywords: Agriculture, Economy, Wine, Business, Development