ISET

ISET Economist Blog

A blog about economics in the South Caucasus by ISET

Nino Doghonadze was born in Kutaisi, Georgia on December 30, 1988. She holds a Master's degree in economics from the International School of Economics at Tbilisi State University (ISET). Nino is a new addition to ISET Policy Institute, as she joined in July 2012. Mrs.Doghonadze is conducting research and providing economic policy consulting. Additionally, she also teaches Principles of Economics at Tbilisi State University's International School of Tourism.

Jul
11

Overworked and Underpaid

WORKING OVERTIME…  In 2014, 22% of the Georgia’s working adults reported having worked more than 40 hour per week, i.e. working overtime. This many not sound like a lot, but, as any average figure, it hides a great deal of geographic variation in the incidence of overtime work. Very few people work overtime in places where there are almost no jobs, such as Kakheti or Racha. Conversely, more than 50% work over 8 hours/day in the dynamically developing Tbilisi, and as many as 44% in the adjacent Kvemo Kartli.  With so many people doing it, ...
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May
30

Patience, Genatsvale!

“The one who is patient, wins.” Georgian proverb One of the first things tourists in Georgia notice is how crazy that drive from the airport to the city is. Jumping red lights, breaking rules to take over the jeep in front, the Georgian taxi driver risks his (and not only his!) life to deliver his passenger to the destination. As a distraction from the dangerous ride, the driver might offer the famous “dzhigit” (a brave equestrian) joke: a dzhigit passes on red light, but stops on green – in case another dzhigit is crossing the road. Dzhigit-style d...
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Apr
25

Are Working Women Happy Women? View from the Greater Caucasus

“Happiness is the meaning and the purpose of life, the whole aim and end of human existence” – Aristotle WHY STUDY HAPPINESS? Already in ancient times philosophers debated the nature of happiness and the recipes for a happy and fulfilling life. Today this question is also hotly debated by scientists and politicians, who are particularly interested in what can be done to increase the happiness of their voters (and citizens, more generally). Happiness has become so important nowadays that four countries: Bhutan, Ecuador, UAE and Venezuela went so...
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Feb
06

Decent Income in Old Age: Georgian Dream or Reality?

If you visit any post-Soviet country after spending some time in the West, one thing strikes you immediately: the average age of visible poverty. Not only are you more likely to see old people begging on the streets, but old people are also dressed more poorly, and tend to buy the cheapest things on the market. Georgia is no exception. The main source of income for most Georgian elderly is the state pension. The level of benefits is extremely low and can barely lift people up above the poverty line. And yet, for many households, state pension is the only...
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Dec
14

Mass Family Gatherings in Georgia: Tradition of Waste or a Form of Insurance?

There is a Georgian joke that goes: “Relatives are the people you see whenever their number changes”. In other words, relatives all tend to gather when any of them gets married, gives birth or dies. As a result, we frequently observe Georgians organizing mass gatherings to either celebrate or mourn numerical “changes” in their families. While there is a recent trend among the wealthier and better educated people to switch to more intimate, smaller events, the poorer rural people continue to arrange Georgian supras of monumental proportions. A FORM OF CON...
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Sep
21

Georgia’s Shrinking Population

“Georgians would have half a child if there was such a possibility”. Armenian Bishop Vazgen in Kita Buachidze’s Black Book   According to the population projections of the United Nations (constant fertility scenario), by the end of this century the Georgian people will count only 2.8 million. In 2013, Georgia has been among only 19 countries in the world with a population that decreased year on year. An aggravating factor is the sex ratio of babies, which in Georgia is heavily skewed towards males. While globally about 107 boys are born per 100 girl...
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