Best quote:
As to where investors should put their money, "I don't know and I don't care," he says, and continues: "I have shut down the department of industrial policy. I am shutting down the national investment agency. I don't want the national innovation agency." Oh yes, and he plans to shut down the country's anti-monopoly agency too. "If somebody thinks his rights are being infringed he can go to the courts, not to the ministry." He plans, as his crowning achievement, to abolish his own ministry in 2007. "In a normal country, you don't need a ministry of the economy," he says. "And in three years we can make the backbone of a normal country."
Could Georgia be on its way to real reform? I have no idea. I've seen these sort of promising stories before, and politics usually gets rid the reformers before they get rid of the bureaucrats. However, if there was real reform on this scale, Georgia might turn into a quite nice place to invest someday. It probably bears watching over coming years.
(Much thanks to Samizdata for the link.)