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ISET Economist Blog

A blog about economics in the South Caucasus financed within the institutional grant by the Government of Sweden.
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Author
  • Tinatin Akhvlediani
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  • Eka Nozadze
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  • Mery Julakidze
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  • Rezo Geradze
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  • Ia Vardishvili
  • Robizon Khubulashvili
  • Adam Pellillo
  • Saba Devdariani
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  • Charles Johnson
  • Maya Grigolia
  • Lasha Lanchava
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  • Mariam Zaldastanishvili
  • Zurab Abramishvili
  • Gigla Mikautadze
  • Ivane Pirveli
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  • Eric Livny
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  • Irakli Barbakadze
  • Lika Goderdzishvili
  • Selam Petersson
  • Sophiko Skhirtladze
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  • Levan Pavlenishvili
  • Gocha Kardava
  • Rati Porchkhidze
  • Lasha Labadze
  • Muhammad Asali
  • Karine Torosyan
  • Levan Tevdoradze
  • Mariam Katsadze
  • Ana Burduli
  • Davit Keshelava
  • Giorgi Mzhavanadze
  • Elene Seturidze
  • Tamta Maridashvili
  • Mariam Tsulukidze
  • Erekle Shubitidze
  • Guram Lobzhanidze
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  • Maka Chitanava
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Professionals for Georgian Agriculture
Recently, the ISET Economist Blog wrote about the cooperative “Shamatia.” Their strawberry seedlings started to fade soon after planting. The cooperative consulted with different experts in the country to find the reason, and the solution for the problem, without success. Only after sending sample seedlings abroad was the cause of the problem revealed. In the meantime, however, the cooperative experienced losses of 15,000 GEL.
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Structural Transformation in Georgia – In the Right Direction at a Turtle’s Pace
Structural transformation of the economy is one of the most important determinants of economic development. Almost invariably, nations that have managed to pull themselves out of poverty were able to diversify their economies away from low productivity sectors. In advanced countries, productivity differences between sectors are generally small, and growth mostly happens because of productivity improvements within sectors.
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Net Metering in Georgia. Getting Ready for the Next Energy Revolution
A few weeks ago Elon Musk (CEO of SpaceX and Tesla Motors and Chairman of SolarCity, among others) presented two new products: solar roof tiles produced by SolarCity, and Tesla’s Powerwall 2, designed to work together to revolutionize the concept of solar PV systems. Energy sector professionals, environmentalists, and renewable energy enthusiasts around the world (including Georgia) were thrilled, and started sharing information and opinions about the new products on social networks, talking of another step towards the revolution of the power sector so many are waiting for.
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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.
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Thinking Forward through the Past
Under the Soviet system, farmers worked under strong central control; everyone knew what to do. Important economic decisions were not left to the market or decided by self-interested individuals. Instead, the government, which owned or controlled much of the economy’s resources, decided what, when, and how to produce. Along with providing necessary inputs, the state ensured that farmers had access to markets for their goods.
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“Friendship Bridge” – For or Against Gravitation?
The official visit of the Armenian President last week was concluded by a splashy announcement that the building of the “Friendship Bridge,” a new infrastructure project approved by the Georgian and Armenian Governments in late 2014, will start construction in 2017, and will be completed in under two years.
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