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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
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  • Eka Nozadze
  • Nutsa Bazlidze
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  • Mery Julakidze
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  • Ia Vardishvili
  • Adam Pellillo
  • Saba Devdariani
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  • Maya Grigolia
  • Lasha Lanchava
  • Nino Doghonadze
  • Zurab Abramishvili
  • Mariam Zaldastanishvili
  • Gigla Mikautadze
  • Ivane Pirveli
  • Irakli Galdava
  • Florian Biermann
  • Irakli Shalikashvili
  • Olga Azhgibetseva
  • Phatima Mamardashvili
  • Eric Livny
  • Nino Kakulia
  • David Zhorzholiani
  • 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
  • Mariam Chachava
  • Maka Chitanava
  • Salome Deisadze
  • Ia Katsia
  • Salome Gelashvili
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  • Norberto Pignatti
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  • Luc Leruth
  • Sopha Gujabidze
  • Yaroslava Babych
Date From
Date To
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09 April 2013
Maka Chitanava, Norberto Pignatti
The Gender Pay Gap
Large gaps exist between male and female wages across the world. Eurostat data about the unadjusted Gender Pay Gap (GPG) represent the difference between average gross hourly earnings of male and female paid employees as a percentage of average gross hourly earnings of male paid employees.
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05 April 2013
Givi Melkadze, Florian Biermann
Can Georgia Escape the Biggest Ponzi Scheme on Earth?
Many countries in the world run their public pension systems under the so-called pay-as-you-go (PAYG) scheme, where pensioners receive their money from those who are currently working.
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02 April 2013
Florian Biermann
Food Economics
When economists discuss the constraints for the economic development of a country like Georgia, one thing is always taken as given: That people have enough to eat.
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29 March 2013
Muhammad Asali
Arbitrage? Not in Georgia!
I have snapped the picture above in one of Tbilisi’s main streets. To the economist’s eye, however, this picture should be disturbing. While the general observer will see clean and wide sidewalks, beautiful classical-style buildings, and a single pedestrian in this early hour of the day, one also sees two adjacent currency exchange booths (Lombardi, as they are called here).
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27 March 2013
Florian Biermann, Lasha Labadze
Different Capitalisms
Those among our readers who happened to spend a good deal of their lifetimes in the Soviet Union may remember that there was not just one kind of socialism, but there were many different versions.
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22 March 2013
Giorgi Mekerishvili, Florian Biermann, Eric Livny
On Social Planning, Symphonies and Cacophonies
An unprejudiced look at the Georgian economy is rather disenchanting. Starting in 1990 at a per capita income that was close to Poland’s, Georgia went into a free fall as a result of secession wars, loss of markets, an explosion of crime and corruption, and the staggering incompetency of its governments.
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