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ISET Economist Blog

A blog about economics in the South Caucasus.
May
06

Not So Fast….Is The Nightmare of Georgian Road (Un)Safety About to End?

On April 21, the Parliament of Georgia approved changes to the Road Traffic law introducing the so-called demerit points system (DPS) in Georgia. Under the DPS every driver will receive a reserve of 100 points. For each traffic violation, in addition to monetary penalty, the points will be deducted from a 100 points “allowance”. Once the driver “burns” through all 100 points, his or her license will be revoked for one year. Those who do not burn through their points quickly will receive a new reserve of 100 points every year on January 1st. As a member o...
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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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Jan
23

Mandatory Flour Fortification in Georgia: a Boon or a Burden for the Poor?

We are what we eat – in the near future Georgians are likely to be reminded of this universal truth.   Soon the Georgian Parliament will be discussing a small but important change, which will affect something as significant and vital as bread, along with pasta, khachapuri and anything made with wheat flour. The Georgian legislators will be considering a law, according to which flour fortification will become mandatory in Georgia. Mandatory food fortification is a contentious issue. The proponents of the law argue that this change is a great way to d...
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Guest — PatiMamardashvili
I agree with the author that flour fortification might correct some nutritional deficiencies which seem to be quite prevalent amon... Read More
Saturday, 30 January 2016 7:07 PM
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Jul
06

The Positive Sides of Georgia’s NATO Partnership (Not Membership)

Since the Rose Revolution, pro-Western Georgian politicians strive to lead their country into the apparent safe haven of the NATO defense collective. So far membership seems far off, causing disappointment among many Georgians and affirming those who preferred less integration in the Western geopolitical bloc. The continuing debate as to whether or not Georgia should assume full membership in the alliance may be obfuscating the reality that the present relationship with the alliance is the most ideal for Georgia.  It allows for a nearly unrestricted...
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Guest — Randall Filer
You do mean NATO's only LAND border don't you?. There is a US/Russian border with customs posts and everything. Other nit-pickin... Read More
Saturday, 11 July 2015 8:08 AM
Guest — Levan Pavlenishvili
I think there literally can not be more IRON-Iron Curtain: http://www.theguardian.com/world/2015/may/20/russian-expansion-georgia-... Read More
Monday, 13 July 2015 11:11 AM
Guest — Florian Biermann
Randy, there is indeed a lot of controversy about the interpretation of Article 5, and it is not clear that Article 5 would apply ... Read More
Tuesday, 14 July 2015 5:05 PM
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