Net Net: Promoting innovation and managing change
Net Net: Promoting innovation and managing change

Georgia’s Comeback: Cold War and Hard Cash

Like the song goes, Georgia comes in and out of our geopolitical minds. In 2008, it was in during their war with Russia. In 2009, it was out while they rebuilt. And, now in 2010, it's so in.

Petras Malukas | AFP | Getty Images

The Black Sea state expects 5-6% GDP growth this year, followed by another 4.5% growth in 2011 — all of which to say that Georgia is committed to distancing itself from Russia.

“We had a quite difficult year in 2009; however, we’re on our way to recovery,” Georgia’s Prime Minister Nikoloz Gilauri told me in an exclusive interview on CNBC’s “Worldwide Exchange.”

Gilauri said that the first six months of 2010 were especially impressive, as the country saw GDP growth of 6.5%. Tourism, banking and exports, mainly of agricultural goods, have been the main drivers of growth so far.