ISET Economist Blog

26 November 2018

Ia Katsia, Salome Deisadze

What Does Not Kill you… or the Story of Hazelnuts

On November 15, 2018, the Agricultural Policy Research Center (APRC) presented the results of its “Study on Private Service Providers in the Organic Hazelnut Value Chain in Georgia” to stakeholders. The event was organized by HEKS-EPER South Caucasus, the ISET Policy Institute (ISET-PI), and PAKKA AG, a Swiss holding.

20 November 2018

Laura Manukyan

Money Can’t Buy Happiness. Or Can It? A Case Study from Yerevan

I have been living away from Yerevan for four years. Over these years, every time I visited my city, I noticed more and more new (and fancy) cafes. Over time, I also noticed that café visits seemed to grow in numbers and I started wondering whether it was just my impression or the reality. I have been particularly puzzled by the paradoxical nature of the fact that people always complain about their wages and living standards, yet they do not mind spending money in cafés.

19 November 2018

Sophiko Skhirtladze

Solving Insolvency

It is that time of year again when our world starts revolving around the World Bank’s Doing Business publication. It is a time when we once more have the chance to brag about how easy it is to start a business in Georgia, about how small the tax burden on businesses is, and about how good we are at enforcing contracts.

05 November 2018

Mariam Lobjanidze, Mariam Tsulukidze, Norberto Pignatti

Is Russia Back as the Main Foreign Provider of Electricity to the Georgian Market?

After a generation deficit of August, Georgia continues to exhibit a decreasing trend in power generation; compared to August, total electricity generation has decreased by 14% in September 2018. Georgian power plants generated 849 mln. kWh of electricity, while consumption of electricity on the local market was 955 mln. kWh.

29 October 2018

Mariam Tsulukidze, Norberto Pignatti

What If You and Your Neighbor Could Share a Micro Power Plant to Produce Your Own Electricity (and Help the Country in the Process)?

Have you ever thought about how Tbilisi would look if the existing old Soviet Union-era multi-story buildings were renovated and equipped with rooftop solar panels? There are several good reasons why this might be happening in the future, and why the government of Georgia might want to encourage this development.

22 October 2018

Irakli Barbakadze, Lika Goderdzishvili

One Step Forward on a Long Journey

“With the Fourth Industrial Revolution (4IR), humanity has entered a new phase. The 4IR has become the lived reality for millions of people around the world, and is creating new opportunities for business, government and individuals” – Klaus Schwab, Founder, and Executive Chairman, World Economic Forum.

ISET Economist Blog

A blog about economics in the South Caucasus financed within the institutional grant by the Government of Sweden.