On October 8, ISET hosted Andreja Marusic, the World Bank’s Global Lead for Business Environment. Ms. Marusic delivered a presentation “Doing Business and Beyond”. The presentation covered a general overview and current international practices in business environment reforms as well as the important systemic issues of moving from ad-hoc business environment reforms (such as the Doing Business indicators centric reforms) to a more sustainable approach, including a focus on predictability, transparency, public consultation and Regulatory Impact Assessment.
In the begging of her presentation Andreja Marusic listed “traditional” business environment reform ideas and pointed out some new areas to focus on like: risk based regulations and implementation gap, sectorial and sub-national regulatory reforms etc. She also showed the main changes in Doing Business Report and explained that the new system compares countries to the best practice (New Zealand).
On July 13, a Memorandum of Understanding was signed between the ISET Policy Institute and JSC BIA. The BIA is a subsidiary company of Alliance Group Holding, which manages the largest continuously updated business information database. This aggregates information from more than 23,000 the most active companies registered in Georgia. It supplies the local companies and international business information companies, credit rating agencies, with all relevant business information (www.bcat.ge).
The document was signed by Eric Livny, President of the ISET Policy Institute, and Aieti Kukava, CEO JSC BIA. The Memorandum envisages planning and implementation of joint projects and research activities.