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The Legal Basis for Business in Georgia

  • Marina Guledani
Part of the Euro-Asian Studies book series (EAS)

Abstract

A healthy business environment is central to the creation of wealth in emerging markets such as those of the South Caucasus. The business environment includes a range of factors associated with the functioning of the state that influence the profitability and predictability of economic activity — from tax systems to regulatory hurdles, official corruption, responses to organized crime and the enforcement of business contracts and property rights. Apart from the content of legislation which must be adapted to a market economy, the rule of law is itself a primary determinant of the business environment. This chapter will consider the development of the legal environment for business in Georgia through the prism of the rule of law.

Keywords

Corporate Governance Supra Note Legal Basis Shadow Economy Black Book 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Notes

  1. 1.
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Copyright information

© Marina Guledani 2005

Authors and Affiliations

  • Marina Guledani

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