Wednesday,
05
April,
2017
This research paper intended to supplement and complement the following economic policy strategies and plans of the Georgian government in the areas of sustainable and balanced growth:
• “Georgia 2020”, a broad agenda directed at long-run growth of most economic sectors with validity beyond the 2020 date
• A “4 point plan” and a broader “14 point plan” of economic reform proposals of the government were announced right before and right after the parliamentary elections of 2016.
Our research team conducted a SWOT (strengths, weaknesses, opportunities, threats) analysis of the Georgian economy. We concluded that the broad economic policy priorities Georgia should tackle in the present legislative term. We also made suggestions on policy priorities, first in macroeconomic policy fields and finally for priority sectors in order to achieve more balanced growth.
10
June
2024
In the past year or so Georgia has experienced significant declines in economic governance. In addition to the anti-democratic Law on Transparency of Foreign Influence (known as the Agents Law), several laws and legal amendments initiated by the ruling party and the Parliamentary majority have drawn significant attention from stakeholders, experts, and the general public.
30
May
2024
The recent amendment to Georgia’s tax code, known as the “offshores law,” has sparked significant concern regarding the integrity of Georgia’s financial system. This policy brief examines the implications of this amendment in the context of Georgia’s recent political and regulatory developments, which have raised alarms about the potential risks of money laundering and sanctions evasion.
07
May
2024
The National Bank of Georgia (NBG) recently acquired 7 tons of high-quality monetary gold valued at $500 million, constituting approximately 11% of its total reserves. This marked the first occasion that Georgia acquired gold for its reserves since it regained independence.
10
April
2024
Following the collapse of the Soviet Union, Georgia faced significant economic challenges, including political instability and conflicts. This resulted in a severe economic recession in the 1990s, with GDP contracting sharply.
