This book reviews the experience with one specific though widely introduced approach to funding general education, namely per capita financing (PCF), in six countries in the Europe and Central Asia (ECA) region in an effort to learn which outcomes were achieved and how. Per capita financing is a...

For Georgia, the 2000s were characterized not only by sweeping economic reforms and subsequent strong growth, but also by two major shocks. Following the rose revolution, the Georgian economy and institutions underwent major positive transformations and saw significant improvements in the...

This report presents a comprehensive analysis of poverty and its main determinants using the most recent 2007 Living Standards Measurement Survey (LSMS) data. It provides an in-depth analysis of rural poverty, the linkages between labor markets and poverty, the importance of social transfers for...

This Public Expenditure and Financial Accountability (PEFA) assessment provides an updated and systematic diagnostic of the Public Financial Management (PFM) system in Georgia and provides mid-2007 as a base line for complementing the Government's efforts to monitor progress in the PFM reforms...

The Financial System Assessment (FSA) is based on the work of the joint IMF-World Bank Financial Sector Assessment Program (FSAP) Update mission to Georgia during February 15-28,2006. The principal objective of the FSAP Update was to assist the authorities in evaluating the potential...

This report provides an assessment of accounting, financial reporting and auditing requirements and practices within the enterprise and financial sectors in Georgia. The report uses International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA) and draws on...