In 2013, as a follow-up to public consultations on improving the acting company law in Georgia, a working group was established to elaborate a new Draft Law of Georgia on Entrepreneurs (“Draft Law”). The working group was created under the Private Law Reform Council of the Ministry of Justice of Georgia, the USAID-funded Judicial Independence and Legal Empowerment Project, which was succeeded by the Promoting Rule of Law in Georgia (PROLoG) Activity, with both projects implemented by the East-West Management Institute (EWMI), was a cooperating partner
Georgia has a number of laws and regulations governing water resources, dating back to the late nineties and partially amended after 2003. Changes, however, have not always followed a clear and coherent strategy. As a result, in the words of the United Nations Economic Commission for Europe (UNECE), the current legislation is an “unworkable and fragmented system”.
This research paper intended to supplement and complement the following economic policy strategies and plans of the Georgian government in the areas of sustainable and balanced growth.
Giga Bokeria, the leader of the European Georgia opposition party, visited ISET to deliver a lecture on anti-corruption reforms in Georgia carried out by the United National Movement government of 2003-2012. Bokeria, a UNM member until 2017, played an integral role in the Rose Revolution, which ousted the late Eduard Shevardnadze, under whose tenure Georgia had become wracked by institutional corruption.
Economic reforms announced in the run-up to the parliamentary elections in October 2016 raised concerns about whether Georgia was departing from its path of prudent fiscal policy. A reform of the corporate profit tax and increased infrastructure investment were driving expectations of a 6% of GDP budget deficit in 2017, endangering Georgia’s macroeconomic stability and its reputation with investors.