ISET Economist Blog

A blog about economics in the South Caucasus.

Less Bureaucracy Is Good, But Not Good Enough!

“Why do we fall, Bruce? So we can learn to pick ourselves up” – Thomas Wayne to his son (Batman).   The Georgian Government’s pride and joy of the previous years has been its high standing in the World Bank’s Ease of Doing Business index. Investors, policymakers, and economy-watchers around the world have opened editions of magazines like The Economist to see full-page advertisements about why Georgia is ‘different’ among Post-Soviet countries when it comes to doing business. A line such as “Georgia is different because we are the World Bank’s ...
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