ISET

ISET Economist Blog

A blog about economics in the South Caucasus by ISET
Feb
20

Education for the Poor

Worldwide, cash transfer programs are used to fight poverty. Developing countries typically spend between 1% and 2% of GDP on cash transfers (“Cash Transfers: a Literature Review”, DFID Policy Division, 2011). International donors also invest substantially into such programs. The rationale for cash transfers goes beyond relieving short-run poverty. In their 2011 book Poor Economics: A Radical Rethinking of the Way to Fight Global Poverty, eminent development economists Abhijit Banerjee and Esther Duflo explain the approach as follows: People are poor bec...
Rate this blog entry:
Recent comment in this post
Guest — Helene Ryding
Economists tend to think that all money is the same. If you are poor, then you simply don't have enough, and are forced constantl... Read More
Friday, 20 February 2015 7:07 PM
Continue reading
1735
1 Comment
Write a Comment
Oct
03

Pride and Prejudice in Georgian Food Consumption

GEORGIAN “SUPRAS” AND POVERTY Hospitality is one of the most prized aspects of the Georgian culture. Welcoming (literal translation: "respecting") guests is a matter of great pride for any family. My mother grew up in a small Imeretian village, and as she tells me, the kids of the family were not allowed to eat until the guests were fully "respected", i.e. properly fed. Even the poorest household in the village would go out of its way (and income) to impress its guests with a cornucopia of local delicacies, meats, veggies, and homemade wine. To this day,...
Rate this blog entry:
Recent Comments
Guest — Zurab Garakanidze
'...every third household reports difficulties in access to food (in contrast with every 5th urban household)' ----------- It is n... Read More
Monday, 06 October 2014 5:05 AM
Guest — Nino Doghonadze
Dear Zurab, of course, your point is legitimate for any extensive research on this topic. In this short article the main issue was... Read More
Saturday, 11 October 2014 2:02 PM
Continue reading
1796
2 Comments
Write a Comment
Sep
19

The Puzzle of Poverty and Wages in Georgia

POVERTY PERSISTING… Any Georgian growing up in the “dark” 1990s (a literally dark, and rather gloomy period in the recent history of our country) would remember the canned milk powder distributed, together with some other goodies, to families with children aged below 5. These black and white cans were often used as flower pots in many of these families… Being a kid from that dark age, one author of this blog was surprised to discover that, according to the World Bank’s poverty estimations, Georgia is doing worse today than it did then...
Rate this blog entry:
Recent Comments
Guest — Florian Biermann
Interesting article. Rising poverty is not unusual when a country develops (Kuznets Curve). The problematic incentives set by soci... Read More
Friday, 19 September 2014 12:12 PM
Guest — Eric Livny
Just to get people to work would be a major achievement. When I see my 30 y.o. neighbor (former rugby player) watching TV all day ... Read More
Friday, 19 September 2014 2:02 PM
Guest — Aaron Erlich (@aserlich)
I think what the studies of worker programs in Western context miss in a place like Georgia is that so many folks have been unempl... Read More
Friday, 19 September 2014 2:02 PM
Continue reading
2198
5 Comments
Write a Comment

Our Partners