ISET

ISET Economist Blog

A blog about economics in the South Caucasus by ISET

Florian Biermann is assistant professor at the International School of Economics at Tbilisi State University (ISET). Until 2005, he studied economics at the Humboldt University Berlin and the Free University of Berlin. After working for a year at the Institute of Mathematical Economics of Bielefeld University, in 2006 he moved to Jerusalem to pursue his Ph.D. degree at the Hebrew University (degree awarded in 2012). His doctorate was supervised by Professors Eyal Winter and Bezalel Peleg. Florian is interested in game theory, microeconomics, and mathematical economics.

Mar
20

Has The Orthodox Church Been Too Successful?

For a long time, it has been a taboo to criticize the Orthodox Church in Georgia. Quite recently, however, the clergymen themselves lifted this taboo by publicly carrying out their conflicts. The visit of Pope Francis in September 2016 sparked a plethora of mutual accusations. Archpriest Davit Isakadze was against the Pope’s visit and blamed the two other Archpriests Toedore Gignadze and Aleksandre Galdava for being sectarians and church enemies. These accusations were rebutted by Archpriests Levan Mateshvili and Ilia Chigladze, who called for protecting...
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Mar
04

Georgia's New European Modus Operandi

It was the best of times, it was the worst of times, It was the age of wisdom, it was the age of foolishness, It was the epoch of belief, it was the epoch of incredulity, It was the season of light, it was the season of darkness … - Charles Dickens, A Tale of Two Cities A CHRONICLE OF A DEATH FORETOLD? The above quote seems to fit the state of affairs in the European Union fairly well, as the EU’s crisis is continuing, getting deeper, and engulfing more actors than when it started. To name a few well-known events and stats: Greece probably had the first ...
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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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Jan
28

Georgia and the Gravity of Migration

Whatever Kim Jong-un’s propaganda says about the greatness of his country, it is a fact that nobody immigrates to North Korea but almost everyone wants to get out. Likewise, whatever conservative Muslims say about the depraved West – there is a huge net migration out of Muslim countries into these rotten and decadent Western societies. And also the “socialist paradises” of the past had to take great efforts to make sure their lucky populations did not leave: the Berlin Wall was built in 1961 because the large-scale drainage of labor threatened Eastern Ge...
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Dec
19

What Chile teaches Georgia

In 1991, the former finance minister of Chile, Alejandro Foxley, said in an interview: “We may not like the government that came before us. But they did many things right. We have inherited an economy that is an asset.” About twenty years before, General Augusto Pinochet had toppled the democratically elected President of Chile, Salvador Allende. Pinochet’s rule from 1973 to 1990 was characterized by severe violations of human rights, yet finally he agreed to hold a referendum on his political future, and when the Chilean people voted against him, he ste...
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Nov
14

Georgian Haves and Have-Nots. Who’s to Blame and What to Do?

Just like the World Bank’s Doing Business, Transparency International’s Corruption Perceptions Index and many other international rankings, the European Bank for Reconstruction and Development’s (EBRD) Transition Reports have typically carried a very positive message for Georgia, Eastern Europe’s poster child of transition since the Rose Revolution of 2003. This year’s Transition Report, launched last week in Tbilisi by Alexander Plekhanov, EBRD’s Deputy Director of Research, is somewhat exceptional in this regard. Subtitled “Equal opportunities in an un...
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