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ISET Economist Blog

A blog about economics in the South Caucasus.
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  • Ruediger Heining
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  • Hans Gutbrod
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  • Irakli Galdava
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  • 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
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  • Mariam Galdava
  • Lasha Labadze
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  • Maka Chitanava
  • Salome Deisadze
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Does Maternity Protection in Georgia Measure up to International Standards?
The Georgian legislation remunerates salary at 100% for the duration of 6 months, the cap of 1000 GEL on benefits effectively puts the compensation for a woman and her child below the subsistence minimum.
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The “Livability Puzzle” of the Georgian Countryside
Tbilisi population has been steadily rising since 2014, though it’s important to question what has been happening in other regions?
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A Georgian Woman’s Burden: How Pandemic Affected Distribution of Household Work Between Men and Women, And Why It Matters
What does pamdemic driven changes actually imply for women?
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To Prevent, to Repair, or to Start Over: Should Georgia Put ‘Maintenance’ Ahead of ‘Investment’ in Its Development Dictionary?
ISET’s Senior Researcher Maka Chitanava discussed the importance of a Regulatory Impact Assessment (RIA) for evidence-based policy making. RIA is a process of evidence-based policy making, which helps in complying with better regulation principles and designing better regulations. The role of an RIA is to provide a detailed and systematic appraisal of the potential impacts of a new regulation in order to assess whether the regulation is likely to achieve the desired objectives. Starting from 2017, the Parliament of Georgia intends to continue to work on RIA legislation. While talking with Maestro TV, Ms. Chitanava explained the necessary steps of implementing the RIA process, specifically when it should be carried out and what its benefits for society might be. In addition, she also reviewed RIA experience in Georgia. Watch the video from Maestro TV to learn more.
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Tbilisi: a Growing City with Growing Needs
Giorgi Mzhavanadze of MPRC discussed the lari’s depreciation in November 2016. He analyzed the recent comments of Prime Minister Giorgi Kvirikashvili on national currency dynamics against the US dollar. Positive dynamics in exports, money inflows, and tourism did not overbalance increasing imports in November. As a result, the Georgian lari depreciated against almost all currencies of its trading partners; the US dollar (-5% MoM), the euro (-2.8% MoM), the Russian ruble (-2% MoM) and the Armenian dram (-4.3%). The national currency strengthened only against the Azerbaijani manat (+1.6% MoM) and the Turkish lira (+1.6% MoM). The National Bank of Georgia did not intervene in the FX market in November. Watch the video from Maestro TV to learn more.
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Sorry, You're Fired Due to COVID! Has COVID-19 Widened Gender Gap?
ISET-PI's research fellows Daviti Zhorzholiani and Davit Keshelava were invited to participate in the Georgian Public Broadcasting company’s “Real Space” talk show. During the programme, government authorities and the audience discussed the Georgian Government’s 10-Paragraph Plan, the possible effects of new economic initiatives and the possible reasons behind GEL/USD exchange rate fluctuations. ISET representatives positively assessed the plans to reduce the government’s administrative expenses and to quote the prices (of real estate, etc.) in national currency terms. However, the positive effects of the initiatives to subsidize “loan-larisation” from the budget, or increasing excise tax on energy carriers while the Georgian economy has not been performing well, were doubtful. Other subjects of discussion were the mechanism of “loan-larisation”, the role of the National Bank of Georgia (NBG) in the process, and how the initiative will affect private banks’ or the NBG’s finances. Watch the video from GPB to learn more.
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