ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Salome Gelashvili has not set their biography yet
Apr
30

We May Not Be Hungry, but We Are Starving...

It is a well known fact that nearly a half of Georgian population is involved in agriculture, while Georgia imports around 60% of all the food it consumes. High food import share and food security  are important issues for Georgia, widely discussed among the policy makers and in the media. One issue that remains largely in the shadows of public attention is Georgia’s struggle with nutritional deficiencies and unhealthy, undiversified diets.  Surveys show that bread is one of the main sources of calories in Georgian diets, accounting for as much...
Rate this blog entry:
Continue reading
1996
8 Comments
Write a Comment
Nov
30

Innovation Starts Here and Now … In Lisi Lake Greenhouses

The difficulty lies not so much in developing new ideas as in escaping from old ones.  -John Maynard Keynes- Innovation is not necessarily about Silicon Valley Hi-Tech startups. It can happen here and now. In particular, contrary to what we have been hearing from our liberal politicians, there is plenty of scope for innovation in Georgia’s agriculture! Owned and managed by Nina Petrova-Dzneladze, Lisi Lake Greenhouses is a family farm located on 0.6ha of land in Tbilisi. The complex consists of three medium size greenhouses producing fruit and ...
Rate this blog entry:
Continue reading
2700
2 Comments
Write a Comment
Sep
26

Georgian Farmers Playing Russian Roulette

On August 20, 2015 a strong hailstorm hit Georgia, devastating crops and infrastructure in eastern Kakheti. In Kvareli alone, the hailstorm destroyed about 1,300ha of Saperavi and 1,000ha of Rkatsiteli grapes, affecting more than 500 families. This was only one in a string of natural disasters striking Georgian farmers in recent years. One of the worst calamities occurred in July 2012, when heavy rain, strong winds, hail and floods damaged thousands of hectares of arable land in Kakheti, ripping roofs and destroying vital infrastructure.   Whil...
Rate this blog entry:
Continue reading
3176
17 Comments
Write a Comment
Jul
13

Where Is the Free Lunch?

 DOES GEORGIA BENEFIT (OR NOT) FROM THE DROP IN INTERNATIONAL FOOD PRICES? An average Georgian household spends more than 40% of its budget on food. It therefore stands to reason that Georgian consumers are quite sensitive to food prices, which may be very good news considering recent developments in global commodity markets. According to the latest World Bank’s Food Price Watch, “international food prices declined by 14% between August 2014 and May 2015, sliding into a five-year low.” For lower-middle income households this could result in a 6% inc...
Rate this blog entry:
Continue reading
2904
0 Comments
Write a Comment
May
08

What Kind of "State" Does a Country Need?

When Belarusian President Alexander Lukashenko visited Georgia in late April 2015, we were once again reminded that history is not over yet, certainly not in the sense pronounced by Francis Fukuyama in his 1992 book End of History and the Last Man: "What we may be witnessing is not just the end of the Cold War, or the passing of a particular period of post-war history, but the end of history as such: that is, the end point of mankind's ideological evolution and the universalization of Western liberal democracy as the final form of human go...
Rate this blog entry:
Continue reading
3640
1 Comment
Write a Comment
Mar
30

Does it Make Sense to Subsidize Smallholder Georgian Agriculture, and if so How?

While Georgia never faced anything like a wartime food crisis, the agricultural policies implemented by the Georgian Dream coalition government in 2013-2015 did not lack in ambition, seeking to make up for more than a decade of “active neglect” of Georgia’s smallholder agriculture by the Saakashvili administration. In this piece, we take a critical look at one of the first government initiatives, the Agricultural Card Program, introduced in February 2013.  According to the then Minister of Agriculture David Kirvalidze, the program aimed to “revive G...
Rate this blog entry:
Continue reading
2726
5 Comments
Write a Comment

Our Partners