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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
  • Giorgi Nebulishvili
  • Tornike Surguladze
  • Elene Kvanchilashvili
  • Ana Terashvili
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  • Mariam Titvinidze
  • Ketevan Muradashvili
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  • Tamar Mdzeluri
  • Eka Nozadze
  • Nutsa Bazlidze
  • Archil Chapichadze
  • Giorgi Bakradze
  • George Papava
  • Mery Julakidze
  • Givi Melkadze
  • Giorgi Machavariani
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  • Nino Abashidze
  • Rezo Geradze
  • Giorgi Bregadze
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  • Giorgi Tsutskiridze
  • Ia Vardishvili
  • Robizon Khubulashvili
  • Adam Pellillo
  • Saba Devdariani
  • Nino Mosiashvili
  • Nikoloz Pkhakadze
  • Charles Johnson
  • Maya Grigolia
  • Lasha Lanchava
  • Nino Doghonadze
  • Mariam Zaldastanishvili
  • Zurab Abramishvili
  • Gigla Mikautadze
  • Ivane Pirveli
  • Irakli Galdava
  • Florian Biermann
  • Irakli Shalikashvili
  • Olga Azhgibetseva
  • Phatima Mamardashvili
  • Eric Livny
  • David Zhorzholiani
  • Nino Kakulia
  • Laura Manukyan
  • Irakli Barbakadze
  • Lika Goderdzishvili
  • Selam Petersson
  • Sophiko Skhirtladze
  • Irakli Kochlamazashvili
  • 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
  • Mariam Lobjanidze
  • Mariam Chachava
  • Maka Chitanava
  • Salome Deisadze
  • Ia Katsia
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Georgia’s New Immigration Law: Many Losers and no Winners
This year, the International School of Economics at Tbilisi State University (ISET) admitted nine Armenian students and one from Azerbaijan. They came to Tbilisi for a preparation course in August and all of them applied for residency permits before the first of September. All applications were exactly identical. Out of ten students, seven got their permits, two were denied, and one is still in process.
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Georgian Egg Prices: the Roller Coaster Ride Continues
About 9 months ago, we were already discussing the oddities of egg prices in Georgia (“The Georgian Egg of Discord”, by Giorgi Kelbakiani and Eric Livny). At that time, huge volatility in egg prices could be explained by interesting political dynamics. Under the UNM government, local producers of eggs were largely protected from external competition through non-tariff import barriers, called by the ministry of agriculture a “complete violation of law and international agreements”.
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The Puzzle of Poverty and Wages in Georgia
Any Georgian growing up in the “dark” 1990s (a literally dark, and rather gloomy period in the recent history of our country) would remember the canned milk powder distributed, together with some other goodies, to families with children aged below 5. These black and white cans were often used as flower pots in many of these families…
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Who Defends the Workman’s Interests?
Assume you want to buy tomatoes at a vegetable market in Tbilisi. At a booth, you see beautiful tomatoes of flawless quality, red, fleshy, and shiny. Right next to them are offered semi-rotten tomatoes with corky blotches, but to your surprise, both kinds of tomatoes are tagged with the very same price. “Something wrong with this seller”, you may think and buy the shiny tomatoes.
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Trade with, or Build Walls Around, Frozen Conflict Areas? That is The Question!
With Russia creating or helping sustain so many “frozen conflicts” on its periphery, it is crucially important for countries and nations finding themselves in this predicament to work a sound strategy of dealing with the situation. The military option has been taken off the table ever since the August 2008 attempt by Georgia to forcefully bring South Ossetia back into its fold. Thus, countries such as Moldova, Georgia, and now also Ukraine, don’t have too many good alternatives to choose from.
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The New Prescription Rules: Repeating Western Mistakes
So far, many Georgians solved minor health problems in a non-bureaucratic way. Instead of consulting doctors, they asked friends, relatives, and the internet what medicine should be taken as a remedy for a given issue. Once they had received enough information, they went to a pharmacy, and, with some additional advice from the pharmacist, bought the medicine they expected to be helpful.
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