Poverty and income inequality are two of the top concerns for the newly elected Georgian government. Indeed, despite impressive growth performance (annual growth rates have averaged more than 6% since 2005), Georgia remains a poor country.
There are different ways to measure the success of nations. Various surveys are conducted and different indices are compiled to measure the well-being of countries across the world.
At least on paper, Georgia has all it takes to be a successful agricultural producer: a favorable tax environment, mild climate, long growing season, inexpensive labor force, and abundant water resources.
The project aims to settle the Financial Soundness Indicators compilation based on recommendations of International Monetary Fund (IMF) and use them to analyze business climate and financial sector stability of Georgia. The main objective of the study is to assess the financial sector stability/vulnerability over time and compare with a set of benchmark countries in the context of the overall investment climate situation Georgia and in the region.
The National Competitiveness Report (NCR) for Georgia aims to complement the World Economic Forum’s Global Competitiveness Report by providing an in-depth and comprehensive treatment of competitiveness issues. In particular, it will explore the potential for Georgia to leverage its geographic location and business environment to assume the role of a hub economy in the greater Caucasus region. The overall aim of the project was to generate the first National Competitiveness Report (NCR) for Georgia, following the World Economic Forum's methodology.