Abstract
The process of radical economic and political transformations in modern Georgia, establishment of a new economic system and assurance of its effectiveness demands maintenance of macroeconomic ratios, improvement of business environment and supporting of economic activity in general. Many factors impact the activity of business subjects and their successful business environment. Such factors are incomes of entities, strong business competitions, production and realization of specific goods, production specifics of the spheres, social and political situation of the given country, as well as the incomes of the different social strata and their economic situation. The present article is focused on adequacy of evaluation of business climate and the directions of its perfection, having the vital importance for increasing of business activity.
Highlights
Active business entities and successful business climate are regarded as the most important and integral part of economic strength and stability of the country
In general the business entities and the results of their business activity form the part of economy, at the same time they play an important role in the process of formation of the budget - the main financial document since the budgetary tax return is mainly depended on the results of company activity and vice-versa
It is important the fiscal policy to stimulate economic activity and increase the production through increase of budgetary income and vice-versa, the development of economic activity and increase of production volume to ensure the increase of budgetary income (Abuselidze, 2012)
Summary
Active business entities and successful business climate are regarded as the most important and integral part of economic strength and stability of the country. RESEARCH In line with the different criteria of the international evaluation index, many research methods makes it possible to gather comprehensive data on those countries with positive business climate, and to identify the existing business and economic problems and obstacles. This record probably serve as an indicator for an investor before investing into a country It is very interesting and important to evaluate the corruption perception index in the process of economic environment analysis. Corruption perceptions index includes the total volume of international corruption (frequency and/or volume of corruptive transactions) as in political, as in social sectors and makes ranking of the countries according to the corruption perception In this category, Georgia holds its 48th position4 [14]and has 52 points. Since the process of business registration and management is facilitated and free of bureaucratic mechanisms it seems that business activity should be versatile, successful, and profitable and the business entities should be active
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