ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Mar
15

Equal Rights Are Not Just for Women: Are We Ready for New Paternity Leave Policies in Georgia?

The following blog article was conceived of within the deliberations of a project, together with UNFPA, related to the cost assessment of potential changes to the leave policies of working parents. Admittedly, like the majority of the population, I had no idea that men in Georgia have the opportunity to take leave intended for childcare. It is a fact that since 2011 the number of fathers who have taken “childcare” leave can be counted on just two hands (including the ISET Alumnus, Giorgi Balakhashvili). As a future father this topic proves to be particul...
Rate this blog entry:
Continue reading
189
0 Comments
Write a Comment
Dec
24

Holiday Gifts Are Extremely Inefficient, So Why Do We Bother?

Today and tomorrow over a third of the world’s population (around 2 billion people) will be celebrating Christmas1. Traditionally, the holiday season will inevitably feature an exchange of gifts. The sums spent on Christmas gift-giving are huge! For example, in 2018 the expected spending on Christmas gifts in the United States is around 885 USD per person2 - this is about 2.8% of what someone in the middle of income distribution earns per year. If we work backwards from these figures and assume that a similar share of an average family’s income is devote...
Rate this blog entry:
Continue reading
261
2 Comments
Write a Comment
Nov
27

Georgia’s 2018 Presidential Election by Numbers

On 28 November, the Georgian Central Election Commission (CEC) will hold the second round of the very last direct presidential election in Georgia before the constitutional pivot to indirect elections. This is the last stage of a political reform aiming at replacing the presidential political arrangement with the parliamentary system. The president’s powers in the new system will be extremely limited and largely symbolic.1 Nevertheless, political parties are considering the presidential elections of 2018 to be a rehearsal for the more influential parliam...
Rate this blog entry:
Continue reading
311
0 Comments
Write a Comment
Oct
15

Georgia’s New Gold Rush: Or the Economic Prospects of Export of Medical Marijuana

  This article continues the theme of ISET Economist blog “Decriminalize Marijuana?” written by my colleague Saba Devdariani in June 2015, where he described the philosophical aspects related to marijuana state regulations and medical consequences of its consumption. RECENT CHANGES IN LEGISLATION Three years after the blog was published, regulation of cannabis became the hottest topic of discussion in the social-political life of Georgia. On July 30th 2018, the Constitutional Court de jure legalized personal consumption of marijuana by declaring tha...
Rate this blog entry:
Continue reading
477
0 Comments
Write a Comment
Jul
02

Will Georgia Ever Get to the World Cup?

“…….. Georgia clearly has potential. The country is small (5 million people), and horribly poor (even today, average income is below $4,000 per year). If Georgians could just become as rich as Croatia, they too could start beating England at Wembley.” – Simon Kuper and Stefan Szymanski, Soccernomics, (2006, p.287) “Football was born in England, grew to Brazil and died in Georgia” – a well-known joke about Georgian football. This summer, Russia is again at the epicenter of the world, but this time for hosting the 21st FIFA World Cup football tourna...
Rate this blog entry:
Continue reading
634
0 Comments
Write a Comment

Our Partners