Time Period Reform Government Stakeholder Summary
2017 phase 2 SME/ Innovation Development

39.2% The value has gone up since last quarter

4.33 The value has gone down since last quarter

On January 2, 2018 ReforMeter, in its second phase, assessed implementation of SME/Innovation development strategies
2017 phase 2 Agricultural Development

74.9% The value has gone up since last quarter

5.63 The value has gone up since last quarter

On December 14 2017, the second phase of ReforMeter started with an evaluation of Georgia’s agricultural development. According to the Government, 74.9% of the strategy has already been implemented. Reform implementation received 5.63 points out of 10.
2017 phase 2 Capital Market Development

67.7% The value has gone up since last quarter

5.0 The value has gone up since last quarter

On March 12 2018, the implementation of a capital market development strategy was evaluated during the second phase of ReforMeter. The greatest progress was achieved in the development of legislative frameworks.
2017 Phase 1 SME/ Innovation Development



The reform is implemented by the Ministry of Economy and Sustainable Development and supporting agencies: Produce in Georgia and Georgia's Innovation and Technology Agency
2017 Phase 1 Agricultural Development



The reform is implemented by the Ministry of Agriculture in the framework of the "Agriculture Development Strategy of Georgia, 2015-2020".
2017 Phase 1 Capital Market Development



The reform is implemented by the National Bank, Ministry of Finance and Ministry of Economy and Sustainable Development. The reform is guided by the "Capital Market Development Strategy" adopted in 2016.
2017 Phase 1 Pension Reform



The reform is implemented by the Ministry of Economy and Sustainable Development, also the Ministry of Finance and the National Bank of Georgia
2017 Phase 1 Vocational Education and Training Reform



The reform is implemented by the Ministry of Education and Science in the framework of Vocational Educational and Training Development Strategy for 2013-2020

Government History

Stakeholder History

Government Survey Methodology

The government’s formal progress (at the input and output level) in the target reform area is measured through a survey covering the following four dimensions:

  1. Institutional Setup
  2. Capacity Building
  3. Infrastructure & Budgeting
  4. Legislation & Regulations

The sets of indicators are designed to track progress on each dimension towards the system envisioned in the reform strategy. They cover all fundamental actions that have to be executed to create an optimal environment that will help achieve all reform objectives. Completion of all actions indicates achievement of the desired policy framework.

The sets of indicators captured by the questionnaires are used to measure distance from the stated reform objective on a scale from 0% (no action has taken place) to 100% (all desired systems are fully implemented, monitored and evaluated).

The questionnaires are filled out twice a year through face-to-face interviews with representatives of all agencies involved in the implementation of a particular reform.

Stakeholder Survey Methodology

Each reform is evaluated, twice per year, by a group of stakeholders – at least 15 individuals not affiliated with the responsible agency, but directly affected by the reform.

The entire group of stakeholders are convened at ISET in order to review the results of the government survey, as well as objective data and information about reform outcomes, which are collected and analysed by the Project Team.

Each member of the group provides an anonymous quantitative assessment of the reform by answering the following questions:

1. What is your assessment of Georgia’s current performance in this area of reform?

2. Is the economic reform agenda progressing as expected?

3. Is the reform likely to deliver adequate results?

The total score for each reform is calculated as a simple average of individual assessments.

The overall assessment of the reform process is automatically provided through the ReforVerdict – a summary score, derived as a weighted average of scores assigned to each reform. The ReforVerdict score is adjusted on a monthly basis, following monthly stakeholder meetings.