Efficacy Factors in Transitional Economy

Natia Kasradze

As it is known, the capital is longing for profitable spheres and brunches, but distribution of investments to the brunches or separate investment projects is being carried out not so simply.

Economic and non economic favourable conditions, social and economic policy and tasks of the state are the main precondition of efficacy of investments.
Speaking about efficacy factors of investments, the following factors usually stand
out:
– Innovational process – use of achievements of science and technologies;
– Level of investment processes’ management and organization;
– Personnel qualification;
– Mechanism of self regulation of the economy and the action of the mechanism of state regulation;
– Natural conditions.
The character and rate of use of the given factors determine the efficacy of investment resources for separate projects and the whole country.
Raising of efficacy of investments in the country, both at micro and macro levels, will depend scientifically oriented state regulation of the economy.