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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
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  • 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
Date From
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Sorry, You're Fired Due to COVID! Has COVID-19 Widened Gender Gap?
When the Georgian unemployment statistics for Quarter 2 (April, May, June) of 2020 came out, no one was surprised to see that the national unemployment rate, which had been falling steadily over the previous quarters, and even years, suddenly increased by 0.9 percentage points relative to the same quarter of 2019 (more precisely from 11.4% in Q2 2019 to 12.3% in Q2 2020). Perhaps we were more surprised by the fact that the unemployment rate did not go up more drastically in the midst of a strict lockdown, various travel restrictions, and quarantine measures.
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To Subsidize or Not to Subsidize Georgia’s Wine Sector?
“Rtveli 2020” – a traditional vintage and rural harvest holiday in Georgia accompanied by feasts, musical events, and other celebrations started on August 26. This year, the Government of Georgia (GoG) is subsidizing the grape harvest to support growers in selling their products. 0.3 GEL of the total 0.8 GEL per kg of Rkatsiteli or Kakhuri Mtsvane is subsidized. In the case of extreme necessity, the GoG will be involved in the purchase of grapes as well.
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COVID-19 Strikes Again: How the Pandemic is Affecting Georgia’s Energy Security
Many of us well-remember the cold winter of 2006 when the Russian Federation cut its natural gas supply to Georgia. In general, it is clear that diversification in energy import markets reduces the risk of socio-economic shocks following political tensions with other countries. Fortunately, Georgia managed to find an alternative to the Russian supply and started importing gas from Azerbaijan. This blog will review the current gas import situation and discuss the expected trends in natural gas supply security.
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Agritourism in Georgia
Imagine spending some time in the countryside away from the noisy, dusty city, getting involved in agricultural activities, and discovering the local culture. This kind of tourism is called agritourism.
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The Post-COVID Foreign Direct Investment in Georgia: go clean, or don’t go!
Governments around the world are racing against the clock to help communities damaged by the economic fallout of COVID-19. Eager to bring good news to their constituents, they are brokering deals likely to bring employment and much-needed international investments. Georgia, of course, is no exception. Recent FDI projects include a plastics processing plant with a stated capacity to employ 400 local workers in plastic waste recycling jobs and the associated sections of the supply chain.
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Labor Market Reform: Is the Glass Half Full or Half Empty?
On the 5th of August, a list of planned legislative amendments for regulating the functioning of the labor market passed their second reading in parliament. These amendments, which are also likely to pass their third and final reading in the coming weeks, are expected to improve workers’ protection.
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