ISET Economist Blog

24 January 2023

Mariam Titvinidze, Nutsa Shubashvili, Mery Julakidze, Levan Tevdoradze

What are the outcomes of the new insolvency law?

Georgia’s new insolvency law – the Law of Georgia on rehabilitation and the collective satisfaction of creditors’ claims – became effective on 1 April 2021. Under which, if a business operating in Georgia has reached a low ebb and is no longer able to meet its financial obligations, it has the opportunity to regulate relations with creditors based on new legislative instruments – effectively, it is able to rehabilitate and return to the market in a viable manner, or, if necessary, it might declare bankruptcy and exit the market.

10 October 2022

Ketevan Muradashvili, Elene Nikuradze, Mariam Tsulukidze

Water pollution in the Mtkvari River

Water quality has become a global concern in the twenty-first century. Data from the United Nations’ Sustainable Development Goal 6 suggests that only 56% of the world’s domestic wastewater is treated. However, the majority of countries (especially developing nations) do not gather water quality data on a regular basis.

12 September 2022

Aleksandra Shalibashvili, Tamar Mdzeluri, Mariam Tsulukidze

Lead contamination in Georgia – myth or fatal reality?

Lead contamination has been estimated to account for around 900,000 deaths per year worldwide (IHME, 2019). Typically developing countries suffer the most, where the use of lead in paint and other household products is often not fully regulated or controlled.

30 June 2022

Mariam Chachava

Yes, we can reduce abortion levels without limiting women’s rights

On January 22, 1973, the Supreme Court ruled in Roe v. Wade that the right to an abortion was constitutionally protected under the 14th Amendment to the United States Constitution.

20 June 2022

Eka Nozadze, Erekle Shubitidze

Forest fires and climate change in Georgia – potential ways forward

The Russian invasion of Ukraine, as well as the global pandemic, have diverted the world’s attention and in general, put climate change and the green economy onto the back burner of the political agenda.

13 June 2022

Mariam Tsulukidze

Challenges and opportunities – making the Georgian energy sector more secure

During the Russia-Ukraine the EU has become a clear example of how substantial reliance on a single country to satisfy energy needs can threaten nations’ economic development, and how challenging the task of achieving energy security is while substantially depending on a single country in key energy products.

ISET Economist Blog

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