From the Heritiage Foundation:
“Over the 19 years that Georgia has been graded in the Index, its economic freedom has advanced over 28 points, the third best of any country. The impressive rise of Georgia’s economic freedom has been propelled by broad-based score improvements in such critical areas as regulatory efficiency and market openness. Notable structural reforms have included trade liberalization, privatization, implementation of competitive flat tax rates, and modernization of the regulatory environment. With the effective maintenance of low inflation, greater monetary stability has also been achieved.”
I wish that Croatia had a pro-market government like Georgia does, instead of the socialists we have in power, well done to the Georgians.
This is another good index to look at when considering where to move to: http://www.doingbusiness.org/rankings
Georgia’s overall score has improved again: https://www.heritage.org/index/ranking