APRC conducted a Regulatory Impact Assessment (RIA) on insurance reform in Georgia and provided recommendations on policy options for developing a sustainable agricultural insurance market in the country.

When Armenia entered the Russia-dominated customs union in 2013, fear spread among the Georgian public and policymakers. It looked as if Georgia would be economically squeezed in between Russia and Armenia, the latter being one of Russia’s staunchest allies in the region and, given its geopolitical dependency on Russia, sometimes seen as a little more than a Russian agent.

The Georgian government is currently working on the draft of a new Code on Spatial Planning and Construction, with the aim of increasing the safety of new constructions while consolidating the great achievements obtained in terms of effectiveness in the delivery of construction permits.

The objective of the project was to produce a pilot RIA on the draft Code on Spatial Planning and Construction in order for the regulators to make an informed decision.The project included a training phase to build the capacity of ISET Policy Institute (and two other Georgian organizations) to perform Regulatory Impact Assessment (RIA). The ISET-PI team performed a pilot RIA on the draft Spatial Planning and Construction code.

On 3-7 February 2014 a group of ISET-PI researchers was trained in Regulatory Impact Assessment (RIA). The main goal of implementing RIA is to ensure that the benefits of a regulation exceed its costs for society as a whole.