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Feasibility Study on Agricultural Insurance in Georgia
03 November 2014

Feasibility study identifies schemes appropriate for a support by the German Financial Cooperation for investments in agro-insurance in Georgia. If implemented, the supported agro-insurance scheme(s) shall contribute to reduce the vulnerability of farmers, SME, and intermediaries engaged in agricultural activities in connection with economic damages as a consequence of bad weather events.

BCI declines on large companies' worries. SME confidence grows – Q4 2014
15 October 2014

In the fourth quarter of 2014, the Business Confidence Index decreased and registered 24.9 on a scale of 100 points. This is down from the 40.4 recorded in the third quarter of the same year. The positive number indicates that the confidence factor among businesses is about 25 index points more positive than negative or neutral (e.g. a confidence index of 100 would have indicated that all firms in the sample reported a positive outlook.

How Much Regulation Does a Country Need?
10 October 2014

After the great success in preparing and delivering the Young Bankers training program for ProCredit Bank Georgia, a new training program for senior bank staff was developed and conducted in Tbilisi and Batumi in 2012. Three different groups participated in the program. These three groups consisted of employees from two departments - The Medium Loans Assessment Department and Corporate Client Service Department. In this particular program, four modules were incorporated: General Microeconomics; General Macroeconomics; Banking and Data Analysis

Pride and Prejudice in Georgian Food Consumption
03 October 2014

Hospitality is one of the most prized aspects of Georgian culture. Welcoming (literal translation: "respecting") guests is a matter of great pride for any family. My mother grew up in a small Imeretian village, and as she tells me, the kids of the family were not allowed to eat until the guests were fully "respected", i.e. properly fed. Even the poorest household in the village would go out of its way (and income) to impress its guests with a cornucopia of local delicacies, meats, veggies, and homemade wine.

Pilot Regulatory Impact Assessment of the Spatial Planning and Construction Code
30 September 2014

The Georgian government is currently working on the draft of a new Code on Spatial Planning and Construction, with the aim of increasing the safety of new constructions while consolidating the great achievements obtained in terms of effectiveness in the delivery of construction permits.

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