ISET Economist Blog

01 February 2016

Eric Livny

Let It Be

When Saint Nino, one of Georgia’s most venerated saints, traveled to Mtskheta back in the fourth century, she stopped to erect a grapevine cross in Foka, a small settlement on the shores of Lake Paravani some 2000 meters above sea level. Saint Nino must have traveled during the summer since, even today, Foka is very difficult to reach for about 6 months of the year. Heaps of snow block all major access roads during the long and cold winter.

31 January 2016

Florian Biermann

Georgia Exporting Crime

Georgian crime is ravaging in Germany. On February 28th of last year, the Augsburger Allgemeine published an article titled “Police captures Georgian burglary gang”. On May 22nd, the police of Bavaria issued a press release titled “DNA proves Georgian burglars to be guilty”. On August 13th, an article in the Bietigheimer Zeitung was titled “Georgian burglars put behind bars”, mentioning that since 2010, “burglaries by Georgian perpetrators have increased dramatically”.

25 January 2016

Eric Livny

If Moscow Can Beat the Traffic, So Can Tbilisi!

When I left Russia back in late 2006, attempting to cross a busy Moscow street bordered on suicide. Instead of slowing down before a zebra crossing, Russian drivers were in the habit of accelerating so as to signal their intention NOT to stop. Understandably, pedestrians had no choice but to adjust their street crossing strategies accordingly.

23 January 2016

Ia Katsia

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

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.

18 January 2016

Yaroslava Babych

Men Are Rational, Women Are Adaptive?

For over three and a half years, the ISET Policy Institute has been tracking the trends in the Georgian consumer sentiments. Every month a team of callers dial randomly generated telephone numbers to interview around 330 people from all over Georgia. The interviewer first asks the basic questions about the respondent’s age, level of education, place of residence, and then follows up with questions about the current financial situation of the household and the person’s expectations about the future economic situation in the country.

11 January 2016

Izat Berenaliev

Is Winter Tourism in the Kyrgyz Republic Able to Reach the International Level?

In recent years, winter tourism in Kyrgyzstan develops rapidly and becomes much more popular. There are more than 6 ski resorts with chair lifts and several small bases with regular lifts in Kyrgyzstan. Besides them, there are a lot of building projects for new, modern ski resorts in various regions of Kyrgyzstan. The mountain territory of Kyrgyzstan provides comprehensive opportunities for their development.

ISET Economist Blog

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