Since the outbreaks of the Asian financial crisis in the late 1900s and the global financial turmoil in 2007, assessing the strengths and weaknesses of a financial sector based on a set of financial indicators has become increasingly important.

This project aims to support the development of business-oriented small farmer groups (e.g., agricultural cooperatives) with the goals of increasing agricultural productivity and reducing rural poverty in Georgia.

Due to the geomorphological characteristics of its territory and to its geographical location, the Re- public of Georgia is rich in hydro resources. According to the Georgian Ministry of Energy and Natural Resources, so far Georgia has exploited only about 20% of its hydro resource potential.

The 2012 elections can be regarded as one of the most important events in the political life of Georgia. More so than at any time during the country’s 20-year history of independence, these elections were distinguished by a high level of uncertainty regarding the final results, and fierce competition between the ruling party and its major opponents.

The purpose of this report is to present the Financial Soundness Indicators (FSI) data in a way that is accessible and easy to interpret by a wide array of stakeholders, and help them analyze the economic implications underlying the FSI concepts.

The Government of Georgia (GoG) is currently preparing a new Local Self Government Code that will introduce significant modifications to the structure of local-self-governments (LSGs) in Georgia. Currently, Georgia has 63 LSGs (excluding Tbilisi and those areas not under Georgian control). If the proposed law is approved in Parliament, it would increase the number of LSG units dramatically: according to the GoG, by 2015 there would be close to 120 LSGs, and by 2018, approximately 240 LSGs overall. At time of writing, the draft Code was still under discussion by the GoG, prior to its introduction to Parliament.