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How Businessmen Grow Wings
17 April 2017

The tradition – and, in most cases, the only way – for Georgian entrepreneurs to finance their businesses and ideas is bank lending, so-called debt financing. However, this source of financing is very limited for start-ups and early-stage businesses, due to the high level of risk involved, the unavailability of collateral assets, and high loan interest rates, which are almost unaffordable for companies that do not generate sufficient returns yet.

Regulatory impact assessment (RIA) of the draft law of Georgia on entrepreneurs
20 March 2017

Private Sector Development Policy Research Center is leading a Regulatory Impact Assessment (RIA) of the Draft Law of Georgia on Entrepreneurs.

Business Confidence Index: the private sector anticipates a price increase
28 February 2017

The Georgian Business Confidence Index (BCI) continues to decline, albeit at a slower pace. The first-quarter decrease in the Index was mostly driven by a significant decline in past performance.

Price and Prejudice on the Georgian Market for Cigarettes
20 February 2017

It is a truth universally acknowledged, that cigarettes are bad for human health. Yet, whenever the government tries to regulate the consumption of cigarettes by increasing their price, it gets a very mixed reaction from the public. Some people (mostly non-smokers) welcome these policies, while others accuse the government of being greedy and proclaim the policies ineffective. Who is right and who is wrong in this debate? Let’s take a closer look at the facts.

February 15, 2017 FPI | Garlic Smells Like Money
19 February 2017

Food prices continue to follow the latest trends. Retail FPI shows a 2.6% increase m/m (that is, compared to January 2017) and a 4.9% decline y/y (that is, compared to February 2016). During the last two weeks, matsoni, tea, and carrots lost value (by 10.4%, 6.2%, and 6.2% respectively), whereas the prices of cabbage, greens, and eggplant increased (by 25.0%, 16.1%, and 14.9% respectively).

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