17
July
2017
Georgia is a favorable investment destination, with a simple tax code consisting of six flat taxes and a total tax rate of only 16% on commercial profits that are distributed. Georgia was ranked 16th on the World Banks Ease of Doing Business for 2017 (by contrast, Switzerland is No. 31 and Norway No. 6), and No. 13 on the Bribery Risk Scale of the “Trace”, an International Transparency Rank (Switzerland is No. 16 and Norway No. 5). Georgia has signed an Association Agreement with the EU, is a member of WHO, has ratified the Energy Charter Treaty, and signed the New York Convention.
17
July
2017
This year’s ISET’s Summer School was composed of a series of lectures, talks by prominent speakers, and debates on the subject of reforms.
10
July
2017
Over the past 30 years, Georgia went through a remarkable roller-coaster transition from being one of the best performing USSR republics to a failed state to the top reformer on the post-Soviet space and thus demonstrating that change is possible. Georgia’s experience of fast-track development and modernization through international cooperation, radical deregulation, and trade liberalization carry important lessons learned for policymakers in other transition and developing nations.
03
July
2017
Georgia has a number of laws and regulations governing water resources, dating back to the late nineties and partially amended after 2003. Changes, however, have not always followed a clear and coherent strategy. As a result, in the words of the United Nations Economic Commission for Europe (UNECE), the current legislation is an “unworkable and fragmented system”.
23
May
2017
On May 23, ISET-PI hosted the launch ceremony of ReforMeter, which was attended by representatives of government institutions, NGOs, and international organizations. Welcoming remarks were made by Shamennna K. Gall, the acting Deputy Economic Growth Offices of the US Embassy, and Bruno Balvanera, the EBRD Director for the Caucasus, Moldova, and Belarus.
