Georgia: Parliamentary Elections Could Heighten Instability and Pressure Sovereign’s Ratings

Georgia: Parliamentary Elections Could Heighten Instability and Pressure Sovereign’s Ratings
*Average of the following five World Bank Worldwide Governance Indicators: Control of Corruption, Voice and Accountability, Rule of Law, Government Effectiveness, and Regulatory Quality. X-axis is centred at the mid-point of each calendar year. Source: World Bank, Scope Ratings.

Georgia’s Drifts Towards Russia Threaten Institutional Integrity

The pro-Russian drift exposes Georgia to institutional degradation alongside a risk of escalation of western sanctions given the context of Russia’s war in Ukraine and the intensified western sanctions regime against Moscow.

The US has recently suspended USD 95m of aid for Georgia and has contemplated curbs on long-standing defence co-operation. The EU suspended accession negotiations of Georgia alongside EUR 30m in…
Read More

Leave a comment

Send a Comment

Your email address will not be published. Required fields are marked *