11
January
2013
Institutions, Politics, and Development
How can a society become more prosperous? This question has been on the minds of economists and policymakers for centuries.
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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11
January
2013
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09
January
2013
Snobbism and Status Concerns – Primitives of Georgian Socio-historical Psychology and Their Economic Implications
In 1905, Max Weber, in his masterpiece, “The Protestant Ethics and Spirit of Capitalism”, proposed an interesting hypothesis which claimed that Protestantism, Calvinism, and Puritan ethics influenced the development of capitalism.
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24
December
2012
Celebrating the New Year. With an Extra Layer of Cheese
This is the last issue of the Khachapuri Index column in 2012 (#44 this year and #74 overall since the project’s launch in June 2011). Therefore, we would like to wish our readers many causes for the magnificent Georgian supra in the new 2013, with a lot of khachapuri and wine.
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22
December
2012
Money Can Buy Me Love, In The Caucasus
This blog post is a sequel to “Price of a Woman: Economic Rationale behind Marriage Payments in Georgia”. I recently found very interesting data about bride prices in the Georgian highlands and the North Caucasus, which I am now going to share with you.
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19
December
2012
Detecting Tourism Bottlenecks
Travel and Tourism Competitiveness Index of UN (T&T CI) ranked Georgia 73, in 2011. With this rank, Georgia topped the South Caucasus region nevertheless, maintaining the same rank as in 2009.
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17
December
2012
Touristic Destination or Trade Corridor?
Georgia’s competitiveness is said to hinge on its strategic location between East and West. The latest data on border crossings (by people and trucks) allow us to shed light on progress to date and take a glimpse into the future.
