Policy Papers
Compulsory Saving Pension Scheme – Challenges and International Practices

Society was always facing material security issue. Conventional approach, market mechanisms were unable to solve all the problems, so the state took responsibility for it. As a result, new challenges raised, that were exacerbated by the latest demographic trends and put under risk future sustainability of the state pensions system. The threat became a basis for the new reforms, including introduction of private pension savings.


Role of Tariff Policy in Improving Energy Efficiency in the Residential Sector

Tariff policy plays an important role in providing “right” price signals for consumers, which is a necessary condition to improve the demand side energy efficiency (EE) in terms of the environmental, social and economic benefits. Improving EE is the most effective way to address challenges of energy security, import dependency and climate change. In spite of these benefits EE still remains underutilized in Georgia.


Agricultural Land Ownership: The Optimal Way

The research analyzes the general difficulties linked with agricultural lands, mostly surrounded with three major issues: large number of unregistered lands; the state as large owner of lands; and the limited right of foreigners to purchase land. The research discusses about the ways of overcoming these issues and gives appropriate recommendations.


Assessment of Fiscal Sustainability of the Universal Healthcare Program in Georgia, 2015-2030

During the past decade, Georgia reformed its health sector and achieved a decline in child and infant mortality, a reduction in expenditure of inpatient services, an improvement in accessibility, equity and affordability of healthcare services. However, healthcare still remained unaffordable for almost half of the population, and people were spending a large share of their income on out-of-pocket expenses in comparison to other low-and medium-income countries.


The Service Quality in the Natural Gas Sector: EU Experience and Implications for Georgia

This paper reviews the experience of Great Britain in regulation of the service quality in natural gas sector. In line with British experience, Georgian situation in gas sector is analyzed and comparative analysis is conducted. Based on the analyses different policy options are provided. Based on comparison analyses recommendations how to improve service quality in the natural gas distribution business in the country is provided.


Solar Power Scale: Policy Schemes for Supporting Solar Power Generation in Georgia

Solar power is one of the fastest growing renewable energy technologies becoming competitive with traditional sources of electricity generation. Its main characteristics are: high initial investment costs, free fuel during the operations period and environmentally friendly nature.


Joint Feasibility Study on China-Georgia Possible Free Trade Agreement

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 the other hand...


Waste Management in Georgia

Even if the streets in Georgia are swept and clean, it does not mean that waste is managed in the country. Despite a big interest of the Georgian government, there are still no striking changes in the waste management in Georgia. A considerable step forward might be the “Waste Management Code” that entered into force on the 15th of January, 2015.


Possible Challenges of Harmonization of Georgian Legislation with the Acquis Communautaire of the European Union in Energy Sector

European Union’s (EU) strategic interest and relations with Georgia have been developing over past years. In this period, Georgia significantly deepened its ties with the EU. On the one hand, EU’s strategic interest and on other hand, Georgia’s considerable progress in the reforms maintained to implement EU’s foreign policy initiatives in Georgia such as the European Neighbourhood Policy (ENP) and the Eastern Partnership (EaP). These initiatives are aimed at economic development, fostering democracy, equality, rule of law and strengthening human rights credentials. In general, EU-Georgia relations have been centred on three main issues: assistance to political and economic transition processes, conflict resolution and support to the development of the energy potential of the country.


The Effects of Investments in Clean Energy in Georgia

It was several decades ago when mankind observed that country’s development is no more function of economic growth and technological innovation only, but also environmental stability, healthy ecosystem and social equity, hence the term sustainable development emerged. Sustainable development concept is important in energy sector as well, since this sector is one of the most polluting and at the same time it is an engine for economic growth and technological innovation. Energy needs today should be met without compromising the ability of next generations to meet them in the future. To achieve the latter objective, the best and perhaps the only option is to manage successful transformation from fossil fuel to predominantly clean energy based economies.