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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
  • Elene Kvanchilashvili
  • Ana Terashvili
  • Elene Tskhomelidze
  • Nutsa Shubashvili
  • Mariam Titvinidze
  • Ketevan Muradashvili
  • Elene Nikuradze
  • Aleksandra Shalibashvili
  • Tamar Mdzeluri
  • Eka Nozadze
  • Nutsa Bazlidze
  • Archil Chapichadze
  • Giorgi Bakradze
  • George Papava
  • Mery Julakidze
  • Givi Melkadze
  • Giorgi Machavariani
  • Giorgi Mekerishvili
  • Nino Abashidze
  • Rezo Geradze
  • Giorgi Bregadze
  • Giorgi Kelbakiani
  • 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
  • Salome Gelashvili
  • Tamar Sulukhia
  • Norberto Pignatti
  • Giorgi Papava
  • Luc Leruth
  • Yaroslava Babych
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Wanna Get Rich? Make Batumi Your “Second Home”!
With 6.3 million tourists visiting the country in 2016, Georgia has become a popular tourist destination. In May, the number of international visitors (those who stayed in the country 24 hours or more) increased annually by 19% (compared to the same month in the previous year). While Tbilisi Airport is the main border-crossing point, in May, Batumi Airport overshot Kutaisi Airport, famous for its low costs flights, and experienced a 20% annual increase in the number of arrivals.
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Yet Another (Questionable) Farewell to Street Vendors?
Tbilisi residents have already experienced a fair number of cycles in street vending regulations where local authorities tolerate, then regulate, and then evict street vendors. These cycles correspond with economic trends and election cycles starting in 2006 when street vending was declared illegal by the Tbilisi Government and the first attempts were made to enforce the ban.
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Bread Should Be Baked By the Baker!
American and Western European visitors to Georgia are fascinated by the fact that middle-aged Georgian taxi drivers often brandish a couple of engineering degrees, while young hotel receptionists and shop assistants frequently come with law, business, and international relations education. Having spent a couple of days in Tbilisi, visitors may come to imagine that Georgia is so abundant in human capital that entry into these fairly undemanding occupations is extremely competitive.
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What Does It Take to Become a “Vakeli“?
Vake has always been one of the most prestigious districts in Tbilisi and being a “Vakeli” has been associated with high social status for no obvious reasons. In the picture: Vake Park, one of a few green places in Tbilisi and thus a big asset for the Vake district. Maybe having an opportunity to walk every day in this park makes people living in Vake so special.
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Is Georgia Heading towards an Oversupply of Hotels?
Citizens of Georgia’s capital recently witnessed the luxurious Biltmore Hotel Tbilisi grand opening. A $140 million investment by the Dhabi Group supplied the market with 214 luxury rooms and suites. The $2 million opening, huge building, and central location (right on Rustaveli Avenue) made the appearance of this hotel on the market very noticeable.
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When Good Intentions Lead to Bad Outcomes. Tree-Cutting Regulations in Tbilisi
As economic development progresses, air pollution and the lack of green spaces have become increasingly painful issues for Tbilisi citizens. In our previous blog, Breathing in Tbilisi, we discussed the negative outcomes – in terms of air pollution and tree-cutting – generated by the actions of self-interested developers facing an inert civil society and a local government that is unwilling and/or unable to protect the green public spaces.
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