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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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  • Tinatin Akhvlediani
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  • Lasha Lanchava
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  • Zurab Abramishvili
  • Mariam Zaldastanishvili
  • Gigla Mikautadze
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  • Florian Biermann
  • Irakli Shalikashvili
  • Olga Azhgibetseva
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  • Eric Livny
  • Nino Kakulia
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  • Irakli Barbakadze
  • Laura Manukyan
  • Selam Petersson
  • Lika Goderdzishvili
  • Sophiko Skhirtladze
  • Irakli Kochlamazashvili
  • Levan Pavlenishvili
  • Rati Porchkhidze
  • Gocha Kardava
  • 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
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  • Maka Chitanava
  • Salome Deisadze
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Date From
Date To
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31 May 2013
Eric Livny
A New Competition Law for Georgia: Much Ado About Nothing?
The mountain of promises to modify Georgia’s liberal labor code has recently produced a little mouse in the shape of a statement by Deputy Prime Minister Giorgi Margvelashvili who, according to GeorgiaNews.ge, “branded the new labor code project a “dream of Rosa Luxemburg”.
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29 May 2013
Maya Grigolia
Financial Literacy in Georgia
Does Georgia have a well-developed financial sector? Certainly, the proliferation of bank branches and automated teller machines in the capital city of Tbilisi might suggest that it does. And yet, the data indicates that for a country of its size, Georgia has a relatively small financial sector.
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27 May 2013
Giorgi Machavariani, Florian Biermann
The Tides of Markets
It is an empirical fact that in market economies the economic activity shows cyclical patterns. The 19th-century French economist Clement Juglar is generally attributed to having formulated the first coherent theory of what are known as business cycles.
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24 May 2013
Jacques Fleury
The Georgian Wine Industry: Recent Past and the Way Forward
We are very happy to post the second part of Jacques Fleury's commentary on the Georgian Wine Industry. In the first part, Jacques reflected on the experience of surviving the Russian embargo, on the one hand, and dealing with a series of heavy-handed and incompetent government interventions, on the other.
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22 May 2013
Juan Echanove
Georgia Doubled the Area of Cultivated Agricultural Land in 2013
According to available data from the ministry of agriculture (MoA), by 1 May 2013, 400,000 hectares have been cultivated this year in Georgia, which means a 100% increase compared to last year and the highest figure, by far, since 2005.
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20 May 2013
Maya Grigolia
Does Georgia Need Its Own Currency?
According to the Biblical Book of Genesis, Adam ate the forbidden apple, and now we all have to face the consequences: men have to work “by the sweat of their face” and women have “in pain to bring forth children”.
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