At the end of June and the beginning of July, PMC Research conducted three presentations and public discussions on the outcomes of the policy brief “Diversification of Rural Economy in Georgia” in Mtskheta, Tkibuli, and Batumi.The main goal of the research was to study the current state of affairs in the rural economy and to identify steps towards its diversification by analyzing the vision, strategy and programs of the Government of Georgia, as well as regional and municipal authorities. We evaluated the development potential of linkages between farm and non-farm sectors and basic factors supporting the diversification of the rural economy.“Economic diversification of the rural economy has the potential to significantly alleviate poverty and contribute to local and regional economic development in Georgia,” said Mikheil Skhiereli, Affiliated Researcher at PMC Research. Civil society organizations and representatives of local governments also participated in the discussion. The research was conducted by PMC Research in collaboration with People in Need, as part of the EU project “Regional Civil Society Organizations Supporting Free Trade with Europe.”
On June 18-19, we participated in, and presented two Georgian projects at, the European Development Days (EDD) 2019 in Brussels, the first time that projects from Georgia have been showcased at the forum in its 14-year history.
On March 18, Giorgi Khishtovani, Director at PMC Research, presented the outcomes of the applied research "Analyzing Competitiveness of the Hospital Sector and its Value Chain in the City of Tbilisi – Using Smart Specialisation Methodology Components.”
PMC Research, within the European Neighborhood Program for Agriculture and Rural Development III (ENPARD III), is working together with Care Austria to promote rural development in the municipality of Mestia in Georgia.
At the end of January and at the beginning of February, PMC Research conducted four public discussions and presentations in Kutaisi, Zugdidi, Telavi and Akhaltsikhe about the outcomes of four value chain analyses of four agricultural products, namely tomatoes, laurels, carrots and blackberries.
On January 27-29, Aleksi Aleksishvili, Chairman and CEO at PMCG, and Giorgi Khishtovani, Director at PMC Research, participated in the Eurasia Emerging Markets Forum in Switzerland, co-hosted by the Swiss National Bank.
On November 29, Giorgi Khishtovani, Director at PMC Research, presented the main findings and recommendations of research entitled “Leveraging SME Finance through Value Chains in Georgia” in Astana, Kazakhstan.
On November 6, PMC Research organized a meeting between the Chinese Academy of Fiscal Sciences (CAFS) and Tbilisi State University (TSU), with the aim of introducing these two institutions to each other and discussing collaboration opportunities. As a result of the meeting, various cooperation models were discussed, including an internship program at the CAFS for researchers from TSU.
On November 6-7, PMC Research hosted a delegation from China, comprising high-ranking officials from the Chinese Academy for Fiscal Sciences (CAFS). The aim of the visit was to discuss the prospects of future collaboration between the two institutions.
PMC Research recently launched a new applied research project entitled “The regional market assessment in Georgia using components of Smart Specialization” aiming to assess the private business sector in Tbilisi and five target municipalities within Kvemo Kartli and Samegrelo-Zemo Svaneti regions.
PMC Research recently launched a new project entitled “Updating Vocational Education and Training (VET) System in Georgia with Estonian Experience” aiming to develop VET programs to become more attractive in Georgia and to prepare students to meet the needs of the local labor market.
On September 28, PMC Research organized the conference “Performance Monitoring and Evaluation System for Local Self-Government Activities” in order to facilitate dialogue between key stakeholders and to reach an agreement on the specific performance monitoring and evaluation system to be introduced in Georgia’s municipalities.
We are honored to be supporting the Government of Georgia (GoG) to implement its role as an “Early Adopter,” as part of a World Bank (WB) initiative aiming to encourage investment in people to boost sustainable economic growth.
PMC Research recently finished working on value chain analyses of three agricultural products in three specific regions, namely broccoli in Kvemo Kartli region, mandarins in Adjara region, and raspberries in Mtskheta-Mtianeti region.
At the beginning of August, PMC Research started working on a Country Note on the Belt and Road Initiative (BRI) in the South Caucasus (Georgia, Armenia, and Azerbaijan) in order to study its impact on Central Asia and the South Caucasus (CASC).
PMC Research recently launched a new project entitled “Leveraging SME Finance through Value Chains in Georgia”, designed to study the challenges facing SMEs with a particular focus on access to finance in Georgia.
On June 15, PMC Research participated in the Georgian Farmers Congress, an event designed to homeworkforme and support dialogue between farmers and state bodies, a crucial aspect in the development of Georgia’s agricultural sector.
At the beginning of June, PMC Research hosted three public discussions and presentations in Marneuli, Mtskheta and Misaktsieli about the value chain analyses of three agricultural products, namely broccoli, tangerines and raspberries.
PMC Research has launched a project entitled “Public Policy Discourse and Dialogue Platform – 2018” targeted at creating a platform to stimulate constructive and systematic policy debates and to establish cooperative practice among different political and social groups of Georgian society.
We are collaborating with the municipalities of Georgia to strengthen their levels of good governance and sustainable development by building their capacity and by facilitating experience-sharing between local self-governments.
On January 25, at 10:30 am, PMC Research hosted a presentation and public discussion of the research findings “Georgia as a Transit Hub and its Increasing Potential in the Implementation of the Belt and Road Initiative” at Tbilisi’s Rooms Hotel.
In November 2017, ifo published its World Economic Survey for the third quarter of 2017. In the report, among other countries, Georgia’s current economic situation was assessed and predictions were made.
In September and October 2017, PMC Research Center conducted trainings and stakeholder meetings about value chain analysis methods in seven regions of Georgia. More specifically, the trainings were carried out for civil society organizations (CSOs) in Kakheti, Kvemo Kartli, Mtskheta-Mtianeti, Samtskhe-Javakheti, Imereti, Samegrelo, and Adjara regions.
On September 23, PMC Research hosted a working meeting to discuss and select the most valuable agricultural product for Adjara in order to conduct a value chain analysis (VCA), as part of the European Commission (EC) project “Regional Civil Society Organizations as Vectors of Rural Economic Development”.
On September 4, Georgian-German Startup Forum was held at Technopark, organized by PMC Research in collaboration with Georgia’s Innovation and Technology Agency (GITA). The event aimed to facilitate the sharing of knowledge and experience regarding entrepreneurship and was part of the Germany-Georgia Friendship Year, supported by the German Embassy in Georgia and Procredit Bank.
We are delighted to welcome Giorgi Khishtovani to our team, as our new Research Director. Giorgi brings with him eight years of sound experience in public, private and non-governmental sectors in Georgia and abroad, as a lecturer, trainer, consultant, researcher, and project manager.
PMC Research, in cooperation with People in Need (PIN), the Rural Communities Development Agency (RCDA), and Association ATINATI, is working under the European Commission project - Regional Civil Society Organizations as Vectors of Rural Economic Development - to promote rural economic development and stimulate the agricultural sector in Georgia.
PMC Research, as part of a European Commission project, has started working together with Caritas Czech Republic and the Croatian Rural Development Network to promote rural development and diversification in the municipality of Khulo in Georgia.
Policy and Management Consulting Group (PMCG) has recently launched a project - Partnership for Budget Transparency: Civil Society Oversight of Public Spending in Georgia, funded by Europe Foundation, focused on enhancing civil society engagement in Georgia regarding budgeting process.
We are excited to share the news that PMC Research Center (PMC RC) was recently granted a 5 star transparency award. It is a great honor for us to be awarded by international organization Transparify for setting the gold standard for the field as a whole, by reflecting exemplary transparency in publicly disclosing sources of funding.
On June 8-10, PMC Research participated in the 4th Asia Think Tank Summit held in Seoul, South Korea. The Summit was dedicated to “Sustainable Development Goals in the Asian Landscape: Think Tanks as Catalysts for Policy Analysis and Implementation”.
On February 10, Policy and Management Consulting Group (PMCG) awarded students with PMCG’s scholarships to continue studying at the International School of Economics at Tbilisi State University (ISET).
At the end of October, PMC Researcch held meetings with the Minister of Finance of Moldova and with the European Business Association (EBA) to share experiences of dealing with structural economic reforms.
PMC Research hosted high ranking representatives of the Moldovan and Georgian governments, the EU delegation, Hungarian, Polish, Czech and Slovakian diplomatic missions and representatives of EBRD, EIB, USAID, WB, and IFC to discuss the most efficient ways for governments and private sectors to navigate through the EU Integration Process.
The study showed that a free trade agreement between Georgia and China has great potential. Georgia’s export to China would increase by 9% approximately, in the short-term period including significant growth of wine exports (28.5%) and non-alcoholic drinks (36.7%).
On June 17, PMC Research Center, in cooperation with the Ministry of Economy and Sustainable Development of Georgia, started a new research project: Joint Feasibility Study of Possible Outcomes of Georgia-China Free Trade Agreement.
On May 15-16, Zaza Chelidze, Member of PMC RC's Advisory Board participated in the international conference “Activating the Sources of Economic Growth in Kosovo”.
The event organized by local think-tank Riinvest Institute served as a platform for debate about the potential sources of economic growth in Kosovo.
Chelidze participated in the panel together with the Minister of Economic Development, Minister of Trade and Industry of Kosovo, and the former Minister of Finance of Albania.
His topic was “Agricultural and Rural Development in Georgia – Challenges of EU Accession” and also discussed Georgia’s successfully implemented reforms in areas including: trade liberalization, tax system simplification, deregulation and other free-market enabling reforms that resulted in Georgia being ranked very highly in The World Bank’s Doing Business, Economic Freedom Index and Corruption Perception Index.
PMC Research will conduct labor informality study, in partnership with the International School of Economics at Tbilisi State University, the University of Bologna, the University of Bonn and Maastricht University with the financial support of Volkswagen Foundation and the Institute for Study Labor (IZA).
The project was aimed at enabling Visegrad countries to share their experiences and to play significant roles in the process of the economic integration of both Albania and Kosovo with the EU and transfer of Georgian know-how in successful structural reforms for Albanian and Kosovar stakeholders.
On November 18, PMC Research Center (PMC RC), under the umbrella of Policy and Management Consulting Group (PMCG), with the support of the Konrad Adenauer Foundation, held a presentation and public discussion of research findings and recommendations regarding “Solid Waste Management in Georgia”.
The presentation focused on construction waste, polyethylene bags, municipal dumps, as well as the separation of solid waste collection systems and the involvement of the private sector in this process.
On October 3, PMC Research Center (PMC RC) together with the Konrad Adenauer Foundation organized the presentation and public discussion on two research findings and corresponding recommendations on the following issues: Effects of Clean Investment; Possible Challenges of Harmonization of Georgian Legislation with the Acquis Communautaire of the European Union in the Energy Sector. The researches were conducted in the framework of the project Policy Research for Sustainable Economic Development, which is developed by PMC Research Center, with the support of the Konrad Adenauer Foundation.
On September 30, PMC Research Center (PMC RC) together with the support of the Konrad Adenauer Foundation hosted a presentation of the research findings and held a public discussion on the Costs and Benefits of Labor Mobility between European Union and Georgia. The research was conducted within the framework of the project “Policy research for sustainable economic growth”.In particular, the research observed the advantages and challenges that may be faced by the country’s economy, after visa liberalization. The discussion was also focused on the main trends and characteristics of labor migration from Georgia. Specific attention was given to the possible influence of the Association Agreement between the EU and Georgia and visa liberalization on labor migration to the EU.
On Tuesday, June 24, at the Sheraton Metechi Palace hotel, PMC Research Center (PMC RC) delivered a presentation and public discussion on “Analysis of the State Procurement System of Georgia”. The research had been conducted with the support of the USAID program - Policy, Advocacy, and Civil Society Development in Georgia (G-PAC), which is implemented by the East West Management Institute (EWMI).
On Thursday, June 5, at the hotel "Holiday Inn", with the support of the USAID funded program G-PAC, PMC Research Center organized a presentation and public discussion of the project “Analysis of the Medium-Term Fiscal Policy Sustainability in Georgia".
On June 5, PMC Research Center will present the findings of the research “Analysis of the Medium-Term Fiscal Policy Sustainability in Georgia”, which was implemented within the framework of the USAID-funded program G-PAC.
PMC Research Center (PMC RC), an independent non-governmental think tank, under the auspices of Policy and Management Consulting Group (PMCG) will assist the Parliament of Georgia to implement sustainable institutional reforms, by facilitating the development of a comprehensive Institutional Reform Plan (IRP), program-based budgeting and introducing effective donor coordination mechanisms.
On Thursday, March 13th a presentation and public discussion of PMC Research Center's ongoing project "Analysis of the State Procurement Policy of Georgia" was held at the hotel "Sheraton Metechi Palace". The project has been prepared by PMC Research Center with the support of the USAID funded program G-PAC.
On Thursday, February 6, at the hotel "Sheraton Metechi Palace", a presentation and public discussion of ongoing research "Analysis of the medium-term fiscal policy sustainability in Georgia" was held. The project is prepared by PMC Research Center and is implemented in the framework of the East-West Management Institute's (EWMI) Policy, Advocacy, and Civil Society Development in Georgia (G-PAC) Program, funded by United States Agency for International Development (USAID).
On Thursday, 6 June, PMC Research Center, as part of the study funded by the Policy, Advocacy, and Civil Society Development in Georgia (G-PAC) program of the United States Agency for International Development (USAID), held public discussions on the topic: "Economic Effects of Labor Market Regulations".
PMC Research Center has released a draft study report on the Economic Analysis of the Amendments to the Labor Code of Georgia.
Proposed amendments to the Labor Code were given an economic analysis by PMC Research Center, which scrutinized the following:
PMC Research Center is providing assistance to the State Competition and Procurement Agency (SCPA) to enhance the transparency and accountability of its operations and procurement procedures with support of USAID. This project follows up on a recently developed study into the SCPA's Dispute Resolution Board procedures, prepared by the PMC Research Center. (More information about the study is available via this link).
PMC Research Center (Member of PMC Group) has been awarded the grant by USAID for the project entitled Study to Enhance the Public Outreach Function of the Compitiion and State Procurement Agency (CSPA). PMC Research Center will work with CSPA to conduct a desk study of current operations and processes of the CSPA Dispute Resolution Board and provide recommendations to improve public outreach function of the CSPA.
PMC Research Center (Member of PMC Group) has been awarded the grant by USAID funded G-PAC Program to conduct a comprehensive research and risk analysis of the fiscal system of Georgia in order to identify possible risks associated to the fiscal sustainability for the medium (3-5 years) and long (5-15 years) term periods. The study will evaluate the likelihood of the fiscal risks by considering 2 main directions, the decrease in budget tax revenues to GDP and increase in the public debt (including external) service.
Issue 110: Foreign Direct Investments in Georgia (2014 - 2018)
Issue 110: Foreign Direct Investments in Georgia (2014 - 2018)
Analysis of FDI into Georgia for 2014-2018 revealed the following general findings:
In 2018, the financial, transport and communications, and energy sectors attracted the most FDI;
In 2018, Azerbaijan, the United Kingdom, and the Netherlands were the countries investing most in Georgia;
Based on the cumulative amounts of FDI for the past five years, transport and communications (28.4%) is the most attractive sector for FDI in Georgia, while the agricultural sector is the least attractive (0.8%);
Based on the cumulative amounts, countries investing most in Georgia are: Azerbaijan, Netherlands, the United Kingdom, Turkey and USA.
The shares of FDI from China and the EU in the total FDI into Georgia have been increasing since 2017;
During 2017-2018, the share of reinvestments in the total FDI into Georgia increased, while the shares of equity and debt instruments decreased.