1. The Policy Habits of Economically Successful Countries

2. Lessons forGerogia from Policies around the world Fraser Institute Program to measure 41 specific policies in 152 countries Objective to see what is the pattern of policies followed by the most successful countries Every policy examined is given a grade out of ten Gerogia’s policy score is then compared to the other 151 countries

3. Why Should Gerogians care about how their policies rank? Because Countries whose policies earn them a high policy rank also achieve better Economic and Social outcomes.

4. The World’s Top Ten Policy Makers Source: The Fraser Institute.

5. The Bottom Ten Policy Makers Source: The Fraser Institute.

6. The impact of Policy on Prosperity and Development

7. Per Capita Income and Policy Score Quartile Sources: The Fraser Institute; The World Bank, World Development Indicators, 2013

8. Income of the Poorest 10% and Policy Score Sources: The Fraser Institute; The World Bank, World Development Indicators, 2013.

9. Policy Score and Political Rights Sources: The Fraser Institute; Freedom House, Freedom in the World Country Ratings, 2012, available at http://www.freedomhouse.org/.

10. Policy Score and Civil Rights Sources: The Fraser Institute; Freedom House, Freedom in the World Country Ratings, 2012, available at http://www.freedomhouse.org/.

11. Policy Score and Corruption High scores indicate low corruption Sources: The Fraser Institute; Transparency International, Corruption Perceptions Index, 2014 available at http://www.transparency.org.

12. Policy Score and Life Satisfaction Sources: The Fraser Institute; Happy Planet Index 2014

13. Literacy (% of population) Male Female Sources: The Fraser Institute; World Development Indicators 2013

14. Policy Score and Life Expectancy at Birth Sources: The Fraser Institute; The World Bank, World Development Indicators, 2013.

15. Conclusion Better Policy is associated with better Social and Economic Outcomes So, how well is Georgia Doing with Its Policies?

16. Georgia's Ranking 16/152 Georgia' sTop TenGeorgia'sTop Ten Muldova's Policies compared to 152 Countries RankMedianRankMedian 1A Government Consumption 7969 4Ai Revenue from trade taxes (% of trade sector) 10 1B Transfers and subsidies 9989 4Aii Mean tariff rate 414 1C Government enterprises and investment 851 4Aiii Standard deviation of tariff rates 924 1Di Top marginal income tax rate 141 4Bi Non-tariff trade barriers 1024 1Dii Top marginal income and payroll tax rate 133 4Bii Compliance costs of importing and exporting 2417 2A Judicial independence 8716 4C Black market exchange rates 11 2B Impartial courts 9812 4Di Foreign ownership/investment restrictions 8323 2C Protection of property rights 11611 4Dii Capital controls 3621 2D Military interference in rule of law and politics 11131 4Diii Freedom of foreigners to visit 1940 2E Integrity of the legal system 13 5Ai Ownership of banks 11 2F Legal enforcement of contracts 1527 5Aii Private sector credit 3631 2G Regulatory restrictions on the sale of real property 142 5Aiii Interest rate controls/negative real interest rates 11 2H Reliability of police 377 5Bi Hiring regulations and minimum wage 132 2I Business costs of crime 5122 5Bii Hiring and firing regulations 1360 3A Money growth 6386 5Biii Centralized collective bargaining 4518 3B Standard deviation of inflation 10958 5Biv Hours Regulations 561 3C Inflation: Most recent year 1063 5Bv Mandated cost of worker dismissal 321 3D Freedom to own foreign currency bank accounts 11 5Bvi Conscription 1161 5Ci Administrative requirements 1017 5Cii Bureaucracy costs 23123 5Ciii Starting a business 613 5Civ Extra payments/bribes/favoritism 3115 5Cv Licensing restrictions 829 5Cvi Tax compliance 10417

17. Georgia’s Emerging Challenge Population Decline

18. Demographic Overview - Custom Region - Georgia Demographic Indicators1995200520152025 Population Midyear population (in thousands)5,0414,7904,9314,930 Growth rate (percent)-1.81.8-0.1 Fertility Total fertility rate (births per woman)1.91.51.81.7 Crude birth rate (per 1,000 population)14111310 Births (in thousands)70526351 Mortality Life expectancy at birth (years)73757678 Infant mortality rate (per 1,000 births)39231612 Under 5 mortality rate (per 1,000 births)41241813 Crude death rate (per 1,000 population)8911 Deaths (in thousands)40435354 Migration Net migration rate (per 1,000 population)-2316-30 Net number of migrants (in thousands)-11876-130

20. www.freetheworld.com www.fraserinstitute.org

21. Ukraine's Ranking 122/152 Ukraine'sTop TenUkraine'sTop Ten Ukraine’s Policies compared to 152 CountriesRankMedianRankMedian 1A Government Consumption94694Ai Revenue from trade taxes (% of trade sector)5510 1B Transfers and subsidies126894Aii Mean tariff rate1614 1C Government enterprises and investment114Aiii Standard deviation of tariff rates2224 1Di Top marginal income tax rate1414Bi Non-tariff trade barriers11324 1Dii Top marginal income and payroll tax rate82334Bii Compliance costs of importing and exporting12317 2A Judicial independence134164C Black market exchange rates11 2B Impartial courts151124Di Foreign ownership/investment restrictions12523 2C Protection of property rights138114Dii Capital controls13121 2D Military interference in rule of law and politics33314Diii Freedom of foreigners to visit8640 2E Integrity of the legal system49135Ai Ownership of banks661 2F Legal enforcement of contracts60275Aii Private sector credit13031 2G Regulatory restrictions on the sale of real property45425Aiii Interest rate controls/negative real interest rates11 2H Reliability of police12975Bi Hiring regulations and minimum wage9232 2I Business costs of crime55225Bii Hiring and firing regulations3360 3A Money growth74865Biii Centralized collective bargaining7718 3B Standard deviation of inflation126585Biv Hours Regulations561 3C Inflation: Most recent year4635Bv Mandated cost of worker dismissal321 3D Freedom to own foreign currency bank accounts12015Bvi Conscription1301 5Ci Administrative requirements13217 5Cii Bureaucracy costs30123 5Ciii Starting a business7513 5Civ Extra payments/bribes/favoritism12515 5Cv Licensing restrictions4429 5Cvi Tax compliance13117

22. Ukraine's Ranking 122/152 Ukraine'sTop TenUkraine'sTop Ten Ukraine’s Policies compared to 152 CountriesRankMedianRankMedian 1A Government Consumption94694Ai Revenue from trade taxes (% of trade sector)5510 1B Transfers and subsidies126894Aii Mean tariff rate1614 1C Government enterprises and investment114Aiii Standard deviation of tariff rates2224 1Di Top marginal income tax rate1414Bi Non-tariff trade barriers11324 1Dii Top marginal income and payroll tax rate82334Bii Compliance costs of importing and exporting12317 2A Judicial independence134164C Black market exchange rates11 2B Impartial courts151124Di Foreign ownership/investment restrictions12523 2C Protection of property rights138114Dii Capital controls13121 2D Military interference in rule of law and politics33314Diii Freedom of foreigners to visit8640 2E Integrity of the legal system49135Ai Ownership of banks661 2F Legal enforcement of contracts60275Aii Private sector credit13031 2G Regulatory restrictions on the sale of real property45425Aiii Interest rate controls/negative real interest rates11 2H Reliability of police12975Bi Hiring regulations and minimum wage9232 2I Business costs of crime55225Bii Hiring and firing regulations3360 3A Money growth74865Biii Centralized collective bargaining7718 3B Standard deviation of inflation126585Biv Hours Regulations561 3C Inflation: Most recent year4635Bv Mandated cost of worker dismissal321 3D Freedom to own foreign currency bank accounts12015Bvi Conscription1301 5Ci Administrative requirements13217 5Cii Bureaucracy costs30123 5Ciii Starting a business7513 5Civ Extra payments/bribes/favoritism12515 5Cv Licensing restrictions4429 5Cvi Tax compliance13117

23. Demographic Overview - Custom Region - Russia Demographic Indicators1995200520152025 Population Midyear population (in thousands)148,758143,320142,424140,139 Growth rate (percent)0-0.50-0.3 Fertility Total fertility rate (births per woman)1.3 1.6 Crude birth rate (per 1,000 population)910129 Births (in thousands)1,3641,4581,6521,244 Mortality Life expectancy at birth (years)65667073 Infant mortality rate (per 1,000 births)181176 Under 5 mortality rate (per 1,000 births)221497 Crude death rate (per 1,000 population)15161413 Deaths (in thousands)2,2032,3051,9501,850 Migration Net migration rate (per 1,000 population)5122 Net number of migrants (in thousands)768163241