
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.

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.

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.

How can a society become more prosperous? This question has been on the minds of economists and policymakers for centuries.

If you follow modern Georgian electronic media, you have definitely noticed a strange tendency of publishing news pieces based on people’s posts and status updates on Facebook.