Tag Archives: position

The Economist Intelligence Unit’s Democracy Index provides a snapshot of the state of democracy worldwide for 165 independent states and two territories. The Democracy Index is based on five categories: electoral process and pluralism; civil liberties; the functioning of government; political participation; and political culture. Based on its scores on a range of indicators within these categories, each country is then itself classified as one of four types of regime: “full democracy ”; “flawed democracy ”; “hybrid regime”; and “authoritarian regime”. In the 2017 Democracy Index the average...

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Georgia has achieved significant success in the world in terms of the Ease of Doing Business, which is positively reflected in different ratings. This is an additional evidence that there is the lack of bureaucratic pressure together with the business-friendly environment in the country. Georgia’s ranking in 2017: 16th place among 190 countries. Overall distance to frontier (DTF) – 80.20 score (improvement by 2.48 points). Investment Freedom is the part of Open Market and Business Freedom is the part of Regulatory Efficiency. Georgia also has high scores in Fiscal Health (93.5 score in 2017), Trade freedom (88.6 score and on 9th position in the world in 2017) and Tax Burden (87.3 score).

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