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ISET Economist Blog

A blog about economics in the South Caucasus.
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Author
  • Guenther Baechler
  • Veriko Shengelia
  • Giorgi Bakradze
  • Khatia Tsaava
  • Goga Sukhashvili
  • Irakli Jgharkava
  • Shota Katamadze
  • Mariam Gogotchuri
  • Tinatin Kebadze
  • Irakli Jintcharadze
  • Lasha Khutsishvili
  • Mery Julakidze
  • Givi Melkadze
  • Giorgi Machavariani
  • Andrei Sarychev
  • Giorgi Mekerishvili
  • Nino Abashidze
  • Aleqsandre Bluashvili
  • Rezo Geradze
  • Giorgi Bregadze
  • Aram Derdzyan
  • Astghik Mkhitaryan
  • Giorgi Kelbakiani
  • Giorgi Tsutskiridze
  • George Basheli
  • Ia Vardishvili
  • Robizon Khubulashvili
  • Tom Coupe
  • Adam Pellillo
  • Lasha Arevadze
  • Saba Devdariani
  • Nino Mosiashvili
  • Nikoloz Pkhakadze
  • Jan Klingelhofer
  • Martin Smith
  • Medea Davlasheridze
  • Tamari Giorgadze
  • Aram Grigoryan
  • Charles Johnson
  • Levan Bzhalava
  • Maya Grigolia
  • Izat Berenaliev
  • Lasha Lanchava
  • Nino Zambakhidze
  • Nino Doghonadze
  • Simon Appleby
  • Rafael Castro
  • Givi Kupatadze
  • Ruediger Heining
  • Mariam Zaldastanishvili
  • Zurab Abramishvili
  • Salome Goglichidze
  • Gigla Mikautadze
  • Hans Gutbrod
  • Kalman Mizsei
  • Ivane Pirveli
  • Irakli Galdava
  • Victor Kipiani
  • Florian Biermann
  • Irakli Shalikashvili
  • Olga Azhgibetseva
  • Phatima Mamardashvili
  • Eric Livny
  • Aleksandra Markovic
  • David Zhorzholiani
  • Nino Kakulia
  • Matsatso Tepnadze
  • Laura Manukyan
  • Irakli Barbakadze
  • Lika Goderdzishvili
  • Selam Petersson
  • Sophiko Skhirtladze
  • Irakli Kochlamazashvili
  • Levan Pavlenishvili
  • Jemal Tsintsabadze
  • Nika Molashvili
  • Gocha Kardava
  • Rati Porchkhidze
  • Mariam Galdava
  • Lasha Labadze
  • Muhammad Asali
  • Karine Torosyan
  • Levan Tevdoradze
  • Mariam Katsadze
  • Ana Burduli
  • Davit Keshelava
  • Giorgi Mzhavanadze
  • Elene Seturidze
  • Mariam Tsulukidze
  • Erekle Shubitidze
  • Guram Lobzhanidze
  • Mariam Lobjanidze
  • Mariam Chachava
  • Maka Chitanava
  • Salome Deisadze
  • Ia Katsia
  • Salome Gelashvili
  • Tamar Sulukhia
  • Norberto Pignatti
  • Giorgi Papava
  • Luc Leruth
  • Yaroslava Babych
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COVID-19 – A Threat but Also an Opportunity for More Decisive Actions Against Climate Change
Covid-19 has exposed many countries to severe healthcare and economic crises, which have disproportionally adversely affected the most vulnerable and low-income parts of society. The current pandemic crisis, however, has also brought some interesting opportunities to light.
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Food Security and COVID-19 in Georgia
Food supply systems are crucial to the economies of most developing countries, supplying the largest share of food production, and constituting livelihoods and a key source of income for the majority of the population (FAO, 2020). It is therefore vital to maintain the steady flow of goods and services required from local and international food supply chains to ensure the health of the population, and to protect their incomes and livelihoods.
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Tbilisi: a Growing City with Growing Needs
Until 2014, the population of Tbilisi remained more or less constant, even slightly decreasing at the same rate as the population of the country as a whole. Since 2014, though, there has been a marked migration to the capital as seen in the graph below.
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Tbilisi Central Park Project – Call for More Green Space in the City
Given the increasing pressure on the city’s environment, action should be taken to provide a healthier and more habitable space. The development of urban parks is therefore one viable option. However, the trend over the last decade has gone in exactly the opposite direction, with green space per capita decreasing dramatically; estimations from Tbilisi City Hall data highlight that per-capita green space decreased from 5.6 to 1.3m2 between 2010-2018 (well below average European standards 10-15m2).
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The Inflation Targeting Framework of the National Bank of Georgia: Is It the Right Model?
As the Georgian Lari (GEL) briefly depreciated in September 2020, the National Bank of Georgia (NBG) once again became the subject of criticism for not being able to stabilize the exchange rate even though it had injected 120 million US$ into the economy. At a press conference (2020/09/16), the President of the NBG objected that the aim of the injection of US$ was not to strengthen the GEL since the NBG operated under a floating exchange rate policy. Rather, he went on to explain, the NBG’s constitutional duty was to ensure price stability on the basis of an inflation-targeting framework.
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Right or Left: What Are Political Parties’ Economic Visions?
Last week Georgians took part in largely proportional parliamentary elections. Dozens of parties were registered as election contestants. To what extent do their visions coincide with yours in different important areas of public policy? You can get a detailed answer to these questions on the digital platform "Election Compass Georgia".
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