ISET

ISET Economist Blog

A blog about economics in the South Caucasus by ISET
Jul
03

Georgian Wool: Can It Become the “Golden Fleece” Again?

Back in 2014, Georgia and the European Union (EU) signed an Association Agreement, which included the Deep and Comprehensive Free Trade Area (DCFTA) between the EU and Georgia. While this agreement creates new opportunities for Georgia’s agricultural exports, high food safety standards in the EU market make it difficult to fully utilize these opportunities. This is particularly true for products of animal origin, which are subject to strict regulations. The necessary standards were successfully met last year for Georgian wool (fleece), and it became the ...
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Jun
17

How Safe Is Your Food?

  Food safety has become an important aspect of agricultural policy for many countries (see, e.g., CAP). By definition, “Food safety refers to the conditions and practices that preserve the quality of food to prevent contamination and foodborne illnesses.” In other words, food safety aims to protect the health of humans, animals and plants at every stage of the food production chain in conformance with the "farm-to-table” principle established by the EU. FOOD SAFETY IN GEORGIA On June 27, 2014, Georgia and the EU signed the Association Agreement (AA...
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May
29

Higher Equality for Higher Growth

Back in 12th century, one of the greatest Georgians, Shota Rustaveli, was writing about equal rights for men and women in his poem. Do we share his ideas today? The Georgian constitution has a guarantee of gender equality in the country. Accordingly, men and woman have equal rights to land ownership, and the right to inherit land is same for both sexes. However, in Georgia, as in many developing countries, land ownership issues are very much influenced by cultural values. Georgian traditions make it less likely that land will be inherited by the daughter...
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May
13

Hunger Games: Speculation in Food Markets

In the old Soviet movie, “Once Upon a Time Twenty Years Later,” a mother of ten who bought a lot of clothing and food in a local shop was suspected of being a speculator by the shop administrator, who immediately called police as the woman left the shop. The woman survived arrest after it was discovered that she bought so many goods exclusively for her big family, and not for resale or so-called speculation. In Soviet times, the word “speculator” had an extremely negative meaning. People who were deemed to be speculators could be jailed if the allegation...
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Apr
24

Working Together for a Bigger Pie

  The village of Chkhakaura is located en route to the famous Bakhmaro resort in the Gurian Mountains. This settlement is not only in a picturesque environment, but also the home of hard-working people, some of whom we introduced in our success story about the agricultural cooperative “Samegobro 2014”. Since their registration as a formal cooperative back in 2014, this group of fish farmers is becoming increasingly successful. The cooperative is well-linked to local markets, both with regards to purchasing equipment and inputs (a “backward” linkage...
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