Publications

Avoiding the insolvency of Georgia`s Insolvency Law

16 March 2016

Georgia’s Insolvency law of 2007 is primarily oriented towards a rapid liquidation of insolvent corporate entities and private entrepreneurs’ businesses with subsequent distribution of remaining assets amongst the creditors. The number of insolvency cases dealt with by the local courts of Tbilisi and Kutaisi is fairly limited most probably due to insufficient assets in the insolvent entities to cover the costs of the insolvency procedure.

Improving Business Access to Electricity in Georgia

29 February 2016

Georgia is consistently performing very well in the World Bank’s “Doing Business” (DB) ranking 24th country globally in 2016: DB ranking is made up of several different indicators. Georgia only ranked 62nd for getting electricity (GE). GE indicator is a proxy for electricity supply quality to the business.

The Georgian Trout Sector: A Value Chain Study

29 February 2016

As a freshwater resource-rich Caucasian country, Georgia is well-positioned to produce high quality trout in its mountains. However, the Georgian trout sector is struggling and faces a number of constraints to further development.

Regulatory Impact Assessment (RIA) of Draft Irrigation / Drainage Tariff Methodology

01 February 2016

Currently, the Georgian agricultural sector is characterized by relatively low productivity (by international standards) and its contribution to the GDP of the country is much lower than what it could be, considering that 45%1 of the Georgian labor force is currently employed in agriculture.

Inclusive Growth Public Discussion Platform

29 January 2016

Once the wealthiest Soviet republic, Georgia has since fallen far behind other post-Soviet states (except for, perhaps, Tajikistan, Kyrgyzstan and Moldova) in almost any parameter of wellbeing. Adjusted for purchasing power parity, Georgia’s annual income per capita in 2012 was close to $5,900 (a little higher than in resources-poor Armenia).

The Georgian Tea Sector: A Value Chain Study

30 December 2015

Georgia is one of the northernmost tea producing countries in the world. The humid and subtropical Black Sea climate creates ideal conditions for growing tea in five regions of Western Georgia: Adjara, Guria, Samegrelo, Imereti and Abkhazia.