In July, the Polarization Index saw another rise, marked by significant events such as the United States indefinitely postponing the "Worthy Partner 2024" military exercise, President Salome Zurabishvili returning a package of amendments related to the Pension Law to Parliament, and the President's appointment of a non-judge member to the Supreme Council of Justice, who the court later suspended. Conversely, the index experienced a decrease during periods of opposition party unification and notable performances by Georgian athletes in the Olympics.
The goal of this study is to provide the UNDP Inclusive Access to Markets (IA2M) project with the selection of at least six sectors/subsectors in the Georgian economy where small- and medium-sized enterprises (SMEs) have established or potential opportunities for exporting to the European Union (EU) and European countries.
Prompted by the Georgian Government's recent decision to select a Chinese company for the implementation of the Anaklia Deep Sea Port project, ISET-PI’s recent policy note (July 11, 2024) provides useful insights into China's ascent as the largest bilateral creditor for low- and middle-income countries (LMICs), its lending practices and case studies, with that background analyses the risks associated with the Anaklia project and provides recommendations. Here is a summary of the main findings.
Tbilisi recently hosted an International Conference commemorating the 105th Anniversary of the National Statistical Office of Georgia (Geostat) and the 25th Anniversary of Collecting Gender Statistics. The two-day event, themed "Accelerating Progress Towards Inclusive Development Through Gender Statistics," was organized by Geostat and UN Women.
For the third quarter of 2024, business confidence in Georgia decreased (by 2.8 index points) and reached 13.6. The highest decrease in business confidence is observed in the construction (-12.5) sector. The negative change in BCI for Q3 2024 was driven by less optimistic expectations.