Kutchava, KakhaberTevzadze, Maia2012-08-132012-08-132009-05https://hdl.handle.net/10986/10549In development work, the authors all have heard many words of advice for effective work with governments. But succeeding at policy work is easier said than done. This paper describes how International Finance Corporation's (IFC's) Georgia Corporate Governance Project was able to support the process of reforms in a fast-paced, challenging political and administrative environment and amid shifting government priorities. The purpose of this smart lesson is to share some of the challenges faced in work with government and to provide useful tips for effective policy work.CC BY-NC-ND 3.0 IGOAUDIT COMMITTEESBANKSBEST PRACTICEBOARD MEMBERSCOMMERCIAL BANKSCONFIDENCECONFLICTS OF INTERESTCONTROLLING SHAREHOLDERSCORPORATE GOVERNANCECORPORATE GOVERNANCE CODECORPORATE GOVERNANCE STANDARDSDECISION-MAKINGDECISION-MAKING PROCESSDEREGULATIONFINANCIAL SECTORGOVERNANCE PRACTICESGOVERNANCE PROBLEMSGOVERNANCE REGULATIONGOVERNMENT INSTITUTIONSINITIATIVEINSTITUTIONAL CAPACITYINTERESTED PARTIESINVESTMENT CLIMATEINVESTOR CONFIDENCELAWSLEGAL FRAMEWORKLEGISLATIONMEMBERS OF PARLIAMENTMINISTERMINORITY SHAREHOLDERSNATIONAL BANKNONGOVERNMENTAL ORGANIZATIONSPOLITICAL POWERPRIVATIZATIONPROTECTING MINORITY SHAREHOLDERSREGULATORY MECHANISMSREPRESENTATIVESSECURITIESSECURITIES MARKETSSHAREHOLDERSHAREHOLDER PROTECTIONSHAREHOLDER RIGHTSSTAKEHOLDERSTAKEHOLDERSSTOCK EXCHANGESUPERVISORY AGENCYTAXTAX REFORMUNIONWorld Bank10.1596/10549