Corruption in Georgia
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Corruption in Georgia has been an issue in the post-Soviet decades. Low-level corruption has been virtually eliminated in recent years.[1][2]
Anti-corruption efforts
Economic reform and anti-corruption were placed at the top political agenda of the Georgian government led by former President Saakashvili. Since 2004, Georgia had made tremendous progress in the clamp down on corruption and reinstatement of good governance. The total dissolution of the corrupt traffic police in 2004 and the establishment of the Anti-Corruption Interagency Council in 2008 were successful examples of the reform. Low-level corruption has been virtually eliminated in recent years. Both the OECD and the World Bank praised Georgia's unique success in combating corruption.[3][4]
The business environment in Georgia has been improved in recent years due to the promotion of comparatively low income tax and liberal regulation. However, there are several issues that companies have to deal with, such as the lack of judicial independence, the lack of intellectual property rights enforcement and selective enforcement of economic law.[5]
References
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External links
