ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
May
21

Lifelong Learning and Adult Education: Should You Take a Dance and/or a Computer Programming Class?

That there is a persistent demand for adult education should come as no surprise. Most people would agree that learning is a lifelong process. A distinction, however, should be made between the notion of learning understood as a process of self-discovery over one’s lifetime, and learning understood in terms of the acquisition of a certain set of skills, often for the purpose of advancing one’s position in the labor market. The two notions, although distinct, are related. It can be argued, for example, that the more skills we have, the more we can engage ...
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Apr
19

Bread Should Be Baked By the Baker!

"Sixty-Eight Million Dollars Were Given for Colleges Last Year: – if  the Mania for College Education Continues We May Soon Expect the Above State of Affairs" American and Western European visitors to Georgia are fascinated by the fact that middle-aged Georgian taxi drivers often brandish a couple of engineering degrees, while young hotel receptionists and shop assistants frequently come with law, business and international relations education. Having spent a couple of days in Tbilisi, visitors may come to imagine that Georgia is so abundant in huma...
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Recent Comments
Eric Livny
I strongly disagree with your last paragraph, Florian. Indeed, money and (you should have added) human resources are particularly ... Read More
Wednesday, 19 April 2017 3:03 PM
Florian Biermann
Ok, the situation is dire, but what do you expect in a country with $4,000 per capita income? One should compare the situation in ... Read More
Wednesday, 19 April 2017 2:02 PM
Simon Appleby
One issue not discussed in the issue of military conscription. Suspended midway through last year, it was reinstated in Novemberht... Read More
Wednesday, 19 April 2017 2:02 PM
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Mar
25

Beyond Political Slogans: Better Analysis for Better Labor Market Policies

The labor market is always a hot topic in our country, and debate about it usually overheats as elections approach. Referring to unsatisfactory labor market indicators is always a good way to emphasize the mistakes and/or the inertia of the ruling parties. Another common way to score points is making pre-election promises of increased future employment. One way or another, parties always promise and voters always believe their promises (including unrealistic ones). The only thing which does not seem to be affected is labor market, possibly because behind...
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Jul
11

Overworked and Underpaid

WORKING OVERTIME…  In 2014, 22% of the Georgia’s working adults reported having worked more than 40 hour per week, i.e. working overtime. This many not sound like a lot, but, as any average figure, it hides a great deal of geographic variation in the incidence of overtime work. Very few people work overtime in places where there are almost no jobs, such as Kakheti or Racha. Conversely, more than 50% work over 8 hours/day in the dynamically developing Tbilisi, and as many as 44% in the adjacent Kvemo Kartli.  With so many people doing it, ...
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Simon Appleby
A 40 hour workweek is actually very short by emerging markets standards. Pretty much anywhere in East Asia has a 5 1/2 day week as... Read More
Monday, 30 November 2015 12:12 PM
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Apr
25

Are Working Women Happy Women? View from the Greater Caucasus

“Happiness is the meaning and the purpose of life, the whole aim and end of human existence” – Aristotle WHY STUDY HAPPINESS? Already in ancient times philosophers debated the nature of happiness and the recipes for a happy and fulfilling life. Today this question is also hotly debated by scientists and politicians, who are particularly interested in what can be done to increase the happiness of their voters (and citizens, more generally). Happiness has become so important nowadays that four countries: Bhutan, Ecuador, UAE and Venezuela went so...
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Eric Livny
Am curious whether the same data could be used to analyze whether the husbands are happier as a result of their wives working outs... Read More
Tuesday, 26 April 2016 10:10 AM
Nino Doghonadze
This would be very interesting questions to answer. Unfortunately, however, the survey is not collecting data on happiness levels... Read More
Tuesday, 26 April 2016 1:01 PM
Eric Livny
The fact that happiness (or utility) are determined by social norms may be a problem not only for the whole economics of happiness... Read More
Wednesday, 27 April 2016 9:09 AM
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Feb
06

New Labor Migration Law – Homemade Explosive Device in the Making

LEGISLATING GEORGIA’S WAY INTO THE EUROPEAN COMMUNITY – LESSONS FROM RECENT HISTORY On September 1, 2014, the Georgian society woke up to a very unpleasant reality – after years of extremely welcoming visa regime which put the country on the map as an attractive tourist and foreign direct investment destination, a new migration law regulating foreigners admission and stay in Georgia came into effect. Business owners, foreign students, employees of large and small companies, and even residents of Georgia’s border areas found themselves in a very uncertain...
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Guest — Hans Gutbrod
I do think this is ISET's moment, when it would be great if mobilize full-out -- and help reframe the debate on this issue. I am V... Read More
Friday, 06 February 2015 2:02 PM
Guest — Betsy Haskell
AmCham is working hard on this. I mentioned to George Welton, the new Executive Director, that in order to persuade the Millenium... Read More
Friday, 06 February 2015 2:02 PM
Guest — Eric Livny
Great food for thought, dear Lasha! Many thanks... I only hope someone is taking note and thinking. A message I got just now from ... Read More
Friday, 06 February 2015 3:03 PM
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