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ISET Economist Blog

A blog about economics in the South Caucasus.
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Author
  • Guenther Baechler
  • Veriko Shengelia
  • Giorgi Bakradze
  • Khatia Tsaava
  • Goga Sukhashvili
  • Irakli Jgharkava
  • Shota Katamadze
  • Mariam Gogotchuri
  • Tinatin Kebadze
  • Irakli Jintcharadze
  • Lasha Khutsishvili
  • Mery Julakidze
  • Givi Melkadze
  • Giorgi Machavariani
  • Andrei Sarychev
  • Giorgi Mekerishvili
  • Nino Abashidze
  • Aleqsandre Bluashvili
  • Rezo Geradze
  • Giorgi Bregadze
  • Aram Derdzyan
  • Astghik Mkhitaryan
  • Giorgi Kelbakiani
  • Giorgi Tsutskiridze
  • George Basheli
  • Ia Vardishvili
  • Robizon Khubulashvili
  • Tom Coupe
  • Adam Pellillo
  • Lasha Arevadze
  • Saba Devdariani
  • Nino Mosiashvili
  • Nikoloz Pkhakadze
  • Jan Klingelhofer
  • Martin Smith
  • Medea Davlasheridze
  • Tamari Giorgadze
  • Aram Grigoryan
  • Charles Johnson
  • Levan Bzhalava
  • Maya Grigolia
  • Izat Berenaliev
  • Lasha Lanchava
  • Nino Zambakhidze
  • Nino Doghonadze
  • Simon Appleby
  • Rafael Castro
  • Givi Kupatadze
  • Ruediger Heining
  • Mariam Zaldastanishvili
  • Zurab Abramishvili
  • Salome Goglichidze
  • Gigla Mikautadze
  • Hans Gutbrod
  • Kalman Mizsei
  • Ivane Pirveli
  • Irakli Galdava
  • Victor Kipiani
  • Florian Biermann
  • Irakli Shalikashvili
  • Olga Azhgibetseva
  • Phatima Mamardashvili
  • Eric Livny
  • Aleksandra Markovic
  • David Zhorzholiani
  • Nino Kakulia
  • Matsatso Tepnadze
  • Laura Manukyan
  • Irakli Barbakadze
  • Lika Goderdzishvili
  • Selam Petersson
  • Sophiko Skhirtladze
  • Irakli Kochlamazashvili
  • Levan Pavlenishvili
  • Jemal Tsintsabadze
  • Nika Molashvili
  • Gocha Kardava
  • Rati Porchkhidze
  • Mariam Galdava
  • Lasha Labadze
  • Guranda Darchidze
  • Muhammad Asali
  • Karine Torosyan
  • Levan Tevdoradze
  • Mariam Katsadze
  • Ana Burduli
  • Davit Keshelava
  • Elene Seturidze
  • 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
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Are Georgia’s Hazelnut Exports Back on Track?
Hazelnuts are one of Georgia’s top ten export commodities. During 2010-2020, hazelnuts accounted for around 4.4% of Georgia’s total exports (GeoStat, 2021).
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The Wheat Market in Georgia
On February 15th 2021, export quotas on wheat, rye, maize, and barley entered into force in Russia.
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COVID-19 in Georgia's Agriculture: a challenge, an opportunity or both?
ISET-PI’s Senior Researcher of the Energy and Environmental Policy Research Center, Levan Pavlenishvili, commented on the ruling of the Georgian Energy and Water Supply Regulatory Commission (GNERC) on electricity tariffs live on Maestro TV. An expected increase in prices has not been confirmed, with only a minor increase in prices for the commercial sector. Levan Pavlenishvili stated that there were variables in tariff methodology that would have caused an increase of electricity prices, while other variables would have pushed the tariff towards a decrease. Watch the video from Maestro TV to learn more.
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Food Security and COVID-19 in Georgia
Giorgi Mzhavanadze answered Maestro TV’s questions about the Government’s de-dollarization plan. Giorgi evaluated a statement made by Minister Dimitry Kumsishvili about hedging in loan transactions and low level of financial literacy in Georgia. The best way of hedging is "natural hedging", which involves conducting business processes in a way that the currencies of cash inflows and outflows (revenues and expenditures) are matched. This enables the FX risk to be minimized. Then the researcher discussed the economic priorities of the Government for 2017. According to the first draft of the budget plan for 2017, infrastructural and social spending are the main priorities of the Government. Giorgi emphasized the role of acceleration of economic growth, which will automatically lead to de-dollarization and stabilization of the exchange rate. Watch the video from Maestro TV to learn more.
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To Subsidize or Not to Subsidize Georgia’s Wine Sector?
ISET-PI’s research assistant Irakli Shalikashvili was interviewed by Maestro TV’s Business Contact programme where he discussed the Georgian Consumer Confidence Index (CCI) downward trend; according to a recent survey, compared with November 2016, the CCI decreased sharply from -11.5 to -26.5 (by 15 points). This is the most dramatic loss of the CCI ever observed since measuring consumer confidence in Georgia began in 2012. According to Irakli, this has nothing to do with any “winter blues”, as in the same period of last year, the CCI went up from -40 to -30.4. Watch the video from Maestro TV to learn more.
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The Impact of Food Safety Regulations on Agricultural Trade
Read the detailed report in ENG Read the Infographic in GEO
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