Publications

Evaluation of Georgia’s potential free trade agreements with the USA, India, and South Korea

26 January 2024

The policy brief presents a Computable General Equilibrium (CGE) model designed for Georgia by the ISET Policy Institute to evaluate the impact of potential new Free Trade Agreements (FTAs) with the USA, India, and South Korea.

SME development reform assessment

22 January 2024

Assessing the progress of the SME Development reform (henceforth "SME reform") relates to the activities that have been implemented and are planned in accordance with the SME Development Strategy of Georgia 2021-2025. The strategy aims to restore positive trends that were present prior to the onset of the pandemic and to support the continued growth of small and medium-sized enterprises.

Georgia’s biodiversity: urgency of effective policies

14 December 2023

Biodiversity, as defined by the Convention of Biological Diversity (CDB), refers to “the variability among living organisms from all sources including, inter alia, terrestrial, marine, and other aquatic ecosystems and the ecological complexes of which they are part; this includes diversity within species, between species, and of ecosystems” (CDB). Generally, it refers to the diversity of ecosystems and the variety of life on Earth.

Risks of Russian business ownership in Georgia

11 December 2023

This policy brief addresses risks tied to Russian business ownership in Georgia. The concentration of this ownership in critical sectors such as electricity and communications makes Georgia vulnerable to risks of political influence, corruption, economic manipulation, espionage, sabotage, and sanctions evasion. To minimize these risks, it is recommended to establish a Foreign Direct Investment (FDI) screening mechanism for Russia-originating investments, acknowledge the risks in national security documents, and implement a critical infrastructure reform.

SME digitalization: 2023 snapshot

06 November 2023

In recent years digitalization has continued to reshape global contexts, impacting all aspects of life and business. The pandemic accelerated digital adoption, making it a critical factor for business resilience.

Insolvency reform assessment

01 November 2023

Before the current insolvency reform, Georgia’s legislative framework regulating insolvency proceedings fell short of meeting international standards – it did not meet either creditors’ or debtors’ needs and failed to offer incentives to the insolvent companies to choose rehabilitation as their optimal strategy for resolving financial difficulties.