This study attempts to identify the barriers youth entrepreneurship in Georgia faces and proposes interventions, which could be led by relevant actors within the ecosystem, to overcome the challenges. Following Isenberg’s Model of Entrepreneurship (2010) as the main analysis framework, we address the role of the current Policy, Finance, Culture, Supports, Human Capital, and Markets in the development of the entrepreneurship ecosystem in Georgia.
Reform progress analysis for policy making and public dialogue through ReforMeter: the objective of the proposed activity is to increase transparency, public accountability, and efficiency of Georgia’s economic reforms’ implementation and outcomes through engaging multiple stakeholders in the efficient dialogue.
Women are generally under-represented in political offices worldwide, and their under-representation becomes larger in more senior positions. Infırst brıef the author reviews some recent academic literature in economics and political science on the likely causes of women’s under-representation. Broadly speaking, the literature has divided such causes into “supply-side” and “demand-side” factors.
The COVID-19 pandemic and consequent stringent lockdown measures have had a drastic toll on the Georgian economy. The economic downturn has significantly affected the resilience of local Small and Medium Enterprises (SMEs), whose sales decreased by almost 13% (YoY) in the first two quarters of 2020. These negative impacts of the economic contraction have been particularly severe for Women-led Small and Medium Enterprises (WSMEs).
Davit Keshelava of MPRC commented on the wealth report of Credit Suisse with the Business Contract programme of Maestro TV. The report noted that the UK’s household wealth has been reduced by $1.5tn post Brexit. In addition, the number of people in the UK who have $1m or more has reduced by around 15%.Davit pointed out that such a significant reduction of household wealth can be considered as the cost of Brexit. Since the results of the referendum were publicly known, the British pound depreciated by 16% relative to the US dollar and 10% relative to the euro. He added that the detailed institutional and legislative aspects of Brexit are not known to society, yet this creates further uncertainty for economic agents and do not allow markets to increase accordingly. In addition, he overviewed new opportunities for Georgia to benefit from this fact (especially tourism potential). Watch the video from Maestro TV to learn more.