ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Nov
05

Is Russia Back as the Main Foreign Provider of Electricity to the Georgian Market?

After a generation deficit of August, Georgia continues to exhibit a decreasing trend in power generation; compared to August, total electricity generation has decreased by 14% in September 2018. Georgian power plants generated 849 mln. kWh of electricity, while consumption of electricity on the local market was 955 mln. kWh. It should be noted that compared to August, electricity consumption has decreased by 9%.Even though consumption decreased substantially during the month of September, Georgia had to import electricity from foreign power markets. Ove...
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Feb
13

Modern Quagmire and Georgia's Trump Card?

  “The fundamental problem for Georgian security is that Russia holds all the major cards and no one is reshuffling the deck in Georgia’s favour”, writes Neil MacFarlane in his 2016 article on Georgia’s security situation. Georgia has a mighty neighbor that is not democratic, does not respect the right of self-determination of nations, and, most importantly, actually brings its military power to bear whenever Russian (legitimate or illegitimate) interests are not sufficiently honored. To add insult to injury, Russia’s military strength is unconteste...
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Guest — Leqso
Dear Eric, Georgias history is basically a story of survival between two strong neighbors and rather than looking at the examples ... Read More
Tuesday, 14 February 2017 11:11 AM
Eric Livny
And vice versa, dear Leqso :-) None of this is surprising, however. According to Rufus Miles, “Where you stand depends on where yo... Read More
Tuesday, 14 February 2017 10:10 AM
Guest — Leqso
It might be indication of something interesting that mostly pro-Russian politicians, with good track record of relations with Puti... Read More
Tuesday, 14 February 2017 10:10 AM
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Jan
30

The Gazprom Deal and Georgian Energy Security. What Should Georgia do Next?

Every winter, one of the most actively discussed issues of energy policy - both on TV and in professional circles - is natural gas. Prices and supply conditions are frequently part of the political debate. The main reason behind such active discussion is energy security concerns. What is energy security? The International Energy Agency defines energy security as “the uninterrupted availability of energy sources at an affordable price.” Obviously, all countries around the world care about energy security, because interruptions in the availability of energ...
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Dec
12

Russo-Turkish Drama: a Christmas Gift for the Georgian Economy?

A “STAB IN THE BACK” AND ITS “GRAVE CONSEQUENCES” On November 24th, a Turkish Air Force fighter jet shot down a Russian SU-24 that briefly strayed into its airspace. One pilot was killed, and another member of the Russian military perished in the rescue attempt. Vladimir Putin called the event a “stab in the back” even though he had turned his back on Turkish warnings about incursions into its airspace. Turkish President, Recep Tayyip Erdogan, facetiously stated that Turkey would not apologize for the event and that Russia should be the one apologizing. ...
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Simon Appleby
Turkey's fresh produce prices plummeted 40% last week. Given that the EU likewise is facing difficulties selling vast amounts of f... Read More
Sunday, 13 December 2015 6:06 AM
Eric Livny
40% is amazing! Turkish trucks are apparently being turned back, which surely explains it. When writing this piece I have read abo... Read More
Sunday, 13 December 2015 7:07 AM
Simon Appleby
The Turkish government can probably get donor co-funding to buy surplus food for distribution to the Syrian refugee camps in Turke... Read More
Monday, 14 December 2015 10:10 AM
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