Policy Institute together with Japan Tabacco International (JTI) Georgia offers free of charge training program "Leaders in Development". The program is designed for policy makers, analysts, mid-level and senior executives from both public and private sectors. Senior decision makers as well as senior professional staff will find the program extremely useful for their work.
ISET is pleased to welcome its new employee Gigla Mikautadze in the capacity of Deputy Head of the Private Sector Development Research Centre. His responsibilities include leading the centre in studying and formulating effective policy options for strengthening the private sector and promoting market competitiveness. In addition, he will work to promote the engagement of the private sector in policy discussions, as well as assist the research centre in its goal to increase the capacity of the private and the public sector in development.
The 17th Annual World Bank Conference on Land and Poverty, held March 14-18, 2016, at the World Bank Headquarters in Washington D.C., gathered stakeholders from government, the development community, private sector, and academia to discuss land policy issues worldwide. ISET-PI was represented by Pati Mamardashvili, head of our Agricultural Policy Research Center (APRC).
Georgia’s Insolvency law of 2007 is primarily oriented towards a rapid liquidation of insolvent corporate entities and private entrepreneurs’ businesses with subsequent distribution of remaining assets amongst the creditors. The number of insolvency cases dealt with by the local courts of Tbilisi and Kutaisi is fairly limited most probably due to insufficient assets in the insolvent entities to cover the costs of the insolvency procedure.
The Georgian Business Confidence Index (BCI) has gained 3 points (on a [-100/100 scale])1 due to the strengthening of business expectations. All of a sudden, the expectations of the private sector in Georgia improved and reached 38 index points. This is an improvement from 16 points in the fourth quarter of 2015.