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Georgia

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Abstract

Georgia has been a democratic republic since a constitutional referendum in October 1995. The president, who is chief of state, is elected by popular vote and is limited to two five-year terms. A run-off between the top two contenders is required if the leading candidate does not obtain 50% of the vote. The presidential appointment of the prime minister, who is head of government, and who has to be confirmed through a vote of confidence in parliament, allows for strong unity between the two offices and enables the head of state to forge a dominant control over the political establishment. The prime minister heads an 18-member cabinet and holds the position of senior minister of the parliament.

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  • DOI: 10.1007/978-3-030-05867-8_19
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Exotix Capital (2019). Georgia. In: Exotix Developing Markets Guide. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-05867-8_19

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  • DOI: https://doi.org/10.1007/978-3-030-05867-8_19

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-05866-1

  • Online ISBN: 978-3-030-05867-8

  • eBook Packages: Economics and FinanceEconomics and Finance (R0)