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ISET Economist Blog

A blog about economics in the South Caucasus.
Giorgi Tsutskiridze has not set their biography yet
Sep
09

Tchiatura and the Resource Curse

Tchiatura is a small but resource rich and picturesque town, situated in the province of Imereti in Western Georgia. The abundance of an important natural resource, manganese ore, was the main reason for establishing the town in 1879. Akaki Tsereteli, the famous Georgian writer from the same region, initiated the manganese mining back then. To increase efficiency in transportation of the mineral, a railway was built in 1895. By this period, up to 6000 workers were employed in the Tchiatura mines and the extracted material made up about 50% of total world...
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