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Chinese Academy for Fiscal Sciences Set …

13-Nov-2018

Chinese Academy for Fiscal Sciences Set for Cooperation with Tbilisi State University and Academy of the Ministry of Finance of Georgia

On November 6, PMC Research organized a meeting between the Chinese Academy of Fiscal Sciences (CAFS) and Tbilisi State University (TSU), with the aim...

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Hosting Delegation from China to Start C…

08-Nov-2018

Hosting Delegation from China to Start Collaboration

On November 6-7, PMC Research hosted a delegation from China, comprising high-ranking officials from the Chinese Academy for Fiscal Sciences (CAFS). T...

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New Study to Improve Access to Employmen…

26-Oct-2018

New Study to Improve Access to Employment, Entrepreneurial and Educational Opportunities

PMC Research recently launched a new applied research project entitled “The regional market assessment in Georgia using components of Smart Specializa...

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Options for Railway Infrastructure Devel…

06-Mar-2018

Options for Railway Infrastructure Development in Tbilisi

This study compares the following four alternatives: keeping the status quo (Option 1); the 2009 Tbilisi Railway Bypass Project (Option 2); a city tun...

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Georgia as a Transit Hub and its Increas…

25-Jan-2018

Georgia as a Transit Hub and its Increasing Potential in the Implementation of the Belt and Road Initiative

This paper has identified a clear interconnection between the BRI and Georgia’s economic development strategy in terms of infrastructure development a...

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Armenia-Georgia Trade: Getting Close or …

29-Nov-2016

Armenia-Georgia Trade: Getting Close or Distant?

Armenia’s decision to join the Eurasian Economic Union (EEU) exempted traders from union member countries from paying value added tax (VAT) and excise...

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Hotel Price Index (September, 2018)

15-Oct-2018

Hotel Price Index (September, 2018)

During October 2017 – September 2018 period, in Tbilisi the highest average prices of a room in a 3* and 4* hotels were recorded in December 2017, r...

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Hotel Price Index (August, 2018)

17-Sep-2018

Hotel Price Index (August, 2018)

In August 2018, the hotel price index increased only by 0.01% compared to July 2018; In August 2018, the daily rates for standard double hotel room...

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Hotel Price Index (July, 2018)

09-Aug-2018

Hotel Price Index (July, 2018)

In July 2018, the hotel price index increased by 2.7% compared to June 2018; In July 2018, the daily rates for standard double hotel rooms increase...

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02-Jul-2018

Study to Identify Challenges for SMEs Seeking Access to Finance

CAREC Conference 2018


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 21, Goga Khishtovani, Director at PMC Research, presented the research outline as part of the inception workshop in Beijing. The event, as well as the project, was supported by the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB) and the CAREC Institute (CI).

The research will be oriented toward analyzing several key aspects, especially the cultural, procedural, institutional and regulatory incentives and disincentives facing SMEs seeking to access finance and the reasons behind such access being blocked or rejected. 

The paper will also study the financial knowledge of managers of SMEs in Georgia, and assess the status of domestic and global value chains in Georgia, opportunities for SMEs to link with both domestic and global value chains and the potential impact of being able to access finance. 

Ultimately, policy recommendations regarding the promotion of greater financial access for SMEs and trade finance in Georgia, with a focus on agri-business, will be elaborated. 

The paper will be included in the ADBI’s and the CI’s working papers and will be published as a separate chapter in a book jointly published by the ADBI, the ADB and the CI.

 


Please kindly follow the link below for detailed information about the project:

Leveraging SME Finance through Value Chains in Georgia