Nr. 45: Entrepreneurship in the South Caucasus

Nr. 45: Entrepreneurship in the South Caucasus

Autor(en): Philippe Rudaz, Hrant Mikaelian
Herausgeber: Jeronim Perovic, Lili Di Puppo, Iris Kempe, Heiko Pleines, Matthias Neumann, Robert Orttung
Serie: Caucasus Analytical Digest (CAD)
Ausgabe: 45
Verlag(e): Center for Security Studies (CSS), ETH Zurich; Research Centre for East European Studies, University of Bremen; Institute for European, Russian and Eurasian Studies, George Washington University
Publikationsjahr: 2012

The current CAD looks at the issue of entrepreneurship in Georgia and Armenia. In both countries, small and medium-sized businesses have developed considerably over the past years. Entrepreneurs however still face considerable challenges resulting from a difficult economic and political environment. Corruption, lack of protection for investments and property, and the complexity of the tax administration are obstacles which need to be overcome and addressed by governments.
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