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Regulatory impact assessment (RIA) of the draft law on soil protection
08 May 2019

How can soil degradation be reduced in Georgia? The objective of the study is to assess potential impact of the draft law on soil degradation processes in Georgia. The study examines the current situation regarding land degradation in Georgia and estimates the potential costs and benefits of the draft law.

April 2019 | CCI: What happened to expectations of Georgian consumers?
06 May 2019

According to a nationally representative sample of 320 Georgians, interviewed in early April 2019, the Consumer Confidence Index (CCI) decreased by nearly two index points, from -18.9 in March to -20.8 in April. A similar pattern was observed in one of the sub-indices: the Expectations Index declined by 4.3 index points (from -14.1 to -18.4) compared to March, while the Present Situation Index experienced a slight improvement, by 0.3 index points (from -23.6 to -23.3).

Regulatory Impact Assessment (RIA) on Draft Law on Windbreaks
06 May 2019

Windbreaks have a significant positive impact on the economic, social, and environmental dimensions of sustainable development. While the positive impacts of windbreaks have been acknowledged by various stakeholders, due to Georgia’s poor socio-economic conditions, most existing windbreaks have been destroyed and require restoration.

April 2019 | Electricity Market Review
29 April 2019

In April 2019, Georgian power plants generated 966 mln. kWh of electricity. This represents a 9% decrease in total generation, compared to the previous year (in 2018, total generation in April was 1,064 mln. kWh). The decrease in generation on a yearly basis comes from the decrease in hydro and wind power generation (-21% and -27%), more than offsetting the increase in thermal power generation (+348%).

Granted Survival!
26 April 2019

Various business support programs have been implemented in many countries across the world. Grants, interest-rate subsidies, and equity participation are among some of the most adopted tools for promoting firms’ performances (Dupont and Martin, 2006). Such assistance programs also have their own objectives. For example, low-interest rate loans and cash transfers to new and small firms are designed to overcome the financial constraints many firms face (Hubbard, 1998).

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