16
March
2016
The Georgian Business Confidence Index (BCI) has gained 3 points (on a [-100/100 scale])1 due to the strengthening of business expectations. All of a sudden, the expectations of the private sector in Georgia improved and reached 38 index points. This is an improvement from 16 points in the fourth quarter of 2015.
01
March
2016
Open Society Georgia Foundation commissioned ISET-PI to prepare a policy paper regarding the progress made on the implementation of Deep and Comprehensive Free Trade Area (DCFTA) in Georgia and to conduct a training for the members of the European Integration Committee and the Economic Affairs Committee of the Georgian Parliament regarding DCFTA in frames of the project “Raising support and enhancing understanding of the Europeanization process 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.
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.
27
February
2016
According to Micklewright (Macroeconomics and Data on Children, UNICEF 2000), a share of 7% of the Georgian gross domestic product of the year 1991 accounted for education. In 1994, this number had fallen to 1%. As Micklewright comments, such a dramatic decrease in educational expenditures was never seen before nor afterward in the history of any country. Recovery after the crisis was a long process.
