Soso Simonishvili

economist

Soso Simonishvili is a prominent Georgian economist known for his critical views on foreign direct investment (FDI) in Georgia. He argues that FDI often fails to provide substantial benefits to the local economy and may even harm it by allowing foreign entities to gain complete control over businesses. Simonishvili believes that local investments would be more beneficial, as they would keep profits within the country and contribute to economic growth. His perspectives highlight the need for a reevaluation of investment strategies in Georgia, advocating for a focus on local entrepreneurship rather than relying on foreign investors.