Subscribe
Logo

ISET Economist Blog

A blog about economics in the South Caucasus financed within the institutional grant by the Government of Sweden.
Filter By:
Themes
  • Macroeconomic policy
  • Agriculture & rural policy
  • Energy & environment
  • Inclusive growth
  • Private sector & competitiveness
  • Gender
  • Governance
  • Green and sustainable development
  • Media & democracy
  • Covid19
  • Regional
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
Date From
Date To
Read more
David the Economist (Repost from July 5th, 2013)
In 1122, King David IV. reconquered Tbilisi from the Muslims. In those times, a bloodbath among the former oppressors would have been the logical consequence of such a victory. Leaders of the High Middle Ages took merciless revenge against their enemies once they had defeated them. Yet David did not! On the contrary, he did not only let the former rulers live, but David was even anxious that the Muslim population might leave Tbilisi after the fall of the city.
Read more
Real Estate Prices in Tbilisi: No Bubble, No Trouble
Bubbles belong to the most fascinating phenomena in a market. Suddenly, people are willing to pay prices that are completely out of touch with the fundamental economic values of assets. In the stock market bubble of the 1920s, persons who had never before considered becoming investors borrowed money and bought shares, so as not to miss out on the chance to become rich.
Read more
How Much Regulation Does a Country Need?
After the great success in preparing and delivering the Young Bankers training program for ProCredit Bank Georgia, a new training program for senior bank staff was developed and conducted in Tbilisi and Batumi in 2012. Three different groups participated in the program. These three groups consisted of employees from two departments - The Medium Loans Assessment Department and Corporate Client Service Department. In this particular program, four modules were incorporated: General Microeconomics; General Macroeconomics; Banking and Data Analysis
Read more
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.
Read more
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.
Read more
Common Language, Education, and Nation Building
Back in the middle of the 19th century, Georgia was much more fragmented and unequal than today. It was a society consisting of a huge mass of illiterate peasants (mostly serfs working the lands of their lords and the church), a sliver of urban population (large parts of which, particularly in Tbilisi, were not ethnically Georgian), and a relatively large proportion (up to 5%) of nobility, organized according to a rigid hierarchical system and controlling much of the country’s land.
Subscribe