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In Georgia, there is a clear policy trade-off between having smaller local self-government units (LSGs), which would be closer to voters and service users, and the higher overall costs of a larger number of LSGs. In November, 2012, the Georgian Ministry of Regional Development and Infrastructure (MRDI) began to design a major policy initiative to reform the existing system of sub-national government in Georgia.
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There are many pressing challenges and issues that command the attention of people interested in politics in Georgia. Some of these issues are emotionally charged, and there is not necessarily a consensus across society. However, there is one issue on which there should be a consensus, and it matters tremendously to the Georgian people.
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Once considered the most dynamic sector of the Georgian economy, the banks have recently become a target for fierce criticism by Georgian policymakers and the media.
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It is a commonly accepted view that corruption is bad for economic growth. It leads to an inefficient allocation of resources by contradicting the rules of fair competition and by setting wrong incentives.
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How can a society become more prosperous? This question has been on the minds of economists and policymakers for centuries.