Cutting taxes and achieving higher economic growth, as a result, is every politician’s dream. The 2016 parliamentary elections of Georgia showed just how important and controversial the question of taxation can become.
The particular importance of agriculture in Ukraine is so strong that it has been suggested by some that it is reflected in the country's flag; the golden yellow field of wheat sits beneath a blue sky, said to be a common sight in rural Ukraine.
According to Geostat’s rapid estimates, real GDP grew by 2.1% in July 2016, while the growth rate for Q2 stood at 2.3% year over year (YoY). The estimated second quarter growth was thus 1.6 percentage points lower than ISET-PI’s GDP forecast for the quarter.
As the Election Day of October 8th approaches, we hear more and more about the platforms of Georgian political parties. Given that political competition is very fierce, one naturally expects to hear some blatantly populist statements – the kind of political promises (known to humanity from the times of Aristophanes) which are very popular among the voters, but are hard or impossible to implement in practice.
Despite being a predominantly rural country, Georgia suffers from extensive issues related to agricultural development. To this end, ENPARD, a European Union rural development program, has assisted with the establishment of a number of cooperatives throughout the country. The success stories of two of these prompted a recent visit by members of the Agricultural Policy Research Centre.