ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Jun
11

Sweet Little Lies – Things That Make Us “Happy”

  On May 17, 2017, the Georgian government adopted amendments to the Tobacco Control Law with 85 votes in favor, and only one against. This highly debated new regulation, which bans smoking in public places, was initiated by Parliament member Ms. Guguli Maghradze who just recently discussed the obesity problem in Georgia, which is caused partly by excess sugar consumption. Georgian public which is familiar with statements turning into law considered Ms. Maghradze’s statement as a prelude to enacting a sugar tax in Georgia. During the informal interv...
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Quji Bichia
Not only is sugar tax unfair but it also completely misses the goal its trying to reach. Producers will replace sugar with other, ... Read More
Friday, 15 June 2018 6:06 PM
Guest — IaKatsia
Dear Quji, thank you for your comment. I agree with you that we have problems related to food quality and its control mechanisms. ... Read More
Tuesday, 19 June 2018 5:05 PM
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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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Salome Deisadze
Dear Simon, thank you! I cannot agree with you more; indeed, chefs have to go through a formal chefs apprenticeship. In addition, ... Read More
Thursday, 22 June 2017 3:03 PM
Simon Appleby
A good article. An issue in Georgia is that there are very few chefs in Georgia who have gone through a formal chefs apprenticeshi... Read More
Monday, 19 June 2017 10:10 AM
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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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Simon Appleby
Futures contracts are a useful tool to mitigate risk, and are commonly used by graingrowers, feedmillers, and producers of beef, p... Read More
Tuesday, 23 May 2017 3:03 PM
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Feb
11

Is Lari Hitting Our Dinner Tables?

“The Arab Spring was a revolution of the hungry.” So stated The Boston Globe’s journalist Thanassis Cambanis in his 2011 article claiming that in countries where access to food was an issue, “hitting the dinner table” is not a good idea. In order to demonstrate the importance of food prices, he went even further, and reminded his readers that when food price inflation in Egypt reached almost 19%, the president of the country had to resign. Food price spikes like the grain price spike in 2007-2008 or some other shocks like currency depreciation, can lead ...
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Guest — GB
The lari started to depreciate in 2014, and by the end of 2016, the local currency had depreciated by almost 50% in nominal terms.... Read More
Tuesday, 14 February 2017 7:07 AM
Salome Gelashvili
Thank you for your comment. I talk about real exchange rates in one of the paragraphs of the blog in order to make clear that lo... Read More
Tuesday, 14 February 2017 8:08 AM
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Jul
04

Will Restricting Food Imports Save Georgian Farmers?

On June 2, 2016 the second EU supported Farmers’ Congress of Georgia was held at the Tbilisi exposition center. Around 150 farmers from different parts of Georgia had an opportunity to meet with the government representatives and discuss current challenges of Georgian agriculture. The Congress mainly focused on three major issues for smallholders and cooperatives:  access to market, access to finance and potential impact of food security regulations. Farmers provided their own view on what type of trade policies the government should implement in or...
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Jun
30

Food Prices Reach Lowest Mark. At Least in Tbilisi

Retail food prices decreased by 7.6% m/m (compared to the last week of May) and 10.1% y/y (compared to June 2015). The biggest drops were observed for tomatoes (-65.5%), cucumbers (-63.3%) and eggplant (-33.7%). Only a few products gained in value. The highest increases were recorded for cabbage (12.8%), tea (7.3%) and rice (7.2%). TBILISI FOOD PRICES REACH MINIMUM?! Retail FPI reached its lowest mark at the end of June with the main drivers being fresh fruits and vegetables. On the one hand, price declines in the fresh produce category are always expect...
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Eric Livny
Indeed, recovering lost markets is not going to be easy, especially for basic foodstuffs like tomatoes and cucumbers. The French w... Read More
Thursday, 30 June 2016 3:03 PM
Simon Appleby
Before the breakdown in relations, Turkey exported about USD$2.5 billion worth of fruit/vegetable and nuts to Russia each year. Ru... Read More
Thursday, 30 June 2016 2:02 PM
Simon Appleby
Even French wine is not guaranteed re-entry, on equitable terms or at all. Russian investors are being offered huge subsidies to e... Read More
Thursday, 30 June 2016 7:07 PM
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