
This policy brief examines the role of business confidence as a predictor of economic development. It focuses on the impact of recent political instability and economic uncertainty, drawing insights from both Georgian data and international experience.

The relationship between social assistance programs and electoral outcomes has gathered significant attention in both academic and policy circles, especially in the last decade. Social assistance programs, designed to support vulnerable populations, often carry political implications, particularly in developing democracies where incumbent governments may leverage these programs to secure voter loyalty.

This is a working note outlining the initial processes behind the SME Test Methodology. It is a notable deliverable part of the Developing an RIA SME Test Methodology for Georgia, while strengthening the capacity of the Government of Georgia to utilize SME RIA tools in practice Project, as funded by the UNDP and led by ISET Policy Institute.

This joint initiative by ISET Policy Institute and Policy and Management Consulting Group, supported by the United Nations Development Programme (UNDP) and the European Union (EU), aims to boost Georgian SMEs' exports to European markets.

The assessment of the progress in capital market development reform is based on the implementation of the initiatives outlined in the 2023-2028 strategy for capital market development. The objective of this strategy is to enhance access to finance through capital market instruments and to stimulate and mobilize capital for the Georgian market. The strategic vision aims for Georgia to position itself as the leading capital market in the region by 2028.