Doing business with Georgia

Book abstract:

Georgia is a country which, having recovered from recent social and political upheaval, is becoming increasingly open to foreign business. Part of the 'Doing Business With' range published by Kogan Page, this book provides a practical introduction to the business opportunities and regulations within Georgia and includes contributions from corporations, government agencies, and individual specialists in topics related to business in Georgia.

The book has been divided into five parts. Part 1 provides background information with sections on Georgian efforts to stabilise the economy, the privatisation programme, foreign trade, international economic strategy, and Georgia within the framework of European institutions. Part 2, 'The Foreign Investment Climate and the Financial Sector', includes sections on the priority sectors for investment, the banking system and the Georgian capital market. Contributors to this section include the Georgian Stock Exchange and the American Chamber of Commerce in Georgia. Part 3, 'Getting Established -The Taxation and Legal Environment', looks at legal and taxation issues relevant to the foreign businessman starting and maintaining a business with contributions by the Georgian Consulting Group, the local partner of Arthur Anderson. Part 4, 'Business Development - Operating a Business in Georgia', includes sections on the transport infrastructure, customs, employment law, marketing strategy, and business culture. The final part examines prospective industry sectors including sections on the oil and gas industry, the power sector, metallurgy, agriculture, and electronics among others.

The book is a practical introduction for individuals or corporations considering investing in Georgia. Marat Terterov has also edited 'Doing Business with Russia' and has written several articles on post - Soviet politics and economics as well as undertaking a PhD examining privatisation in Egypt.