ISET Economist Blog

A blog about economics in the South Caucasus.
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Georgia’s Economy Grows, Agriculture Shrinks: What Should We Do?
ISET is pleased to announce that a paper by Professor Noberto Pignatti entitled “Encouraging Women's Labour Force Participation in Transition Countries”, has been published as part of the IZA World of Labour series, an international platform which produces evidence-based advice for policymaking. In his work, Professor Pignatti discusses policy options to encourage the female labour force to participate in transition countries. Increasing the participation of the women's labour force is important to sustainable economic development, especially in economies with highly educated women and an ageing population. Women’s participation varies across transition countries, driven by such economic and social factors as traditional views of gender roles and limited government support for caregivers. However, in every country there is clear
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Organic Is The New Black!
On June 14, Maksim Obrizan, a Professor of the Kiev School of Economics, gave a presentation entitled “The Impact of War on Happiness: The Case of Ukraine” at ISET. According to Mr. Obrizan, his work was influenced by cases and papers described in Frey and Stutzer (2002) and Stutzer and Frey (2012), and the impact of wars according to Blattman and Miguel (2010). This has become a particularly poignant topic for Professor Orbizan, as more than 100 Ukrainian soldiers have committed suicide since coming off the front line in the ongoing war against Russian-backed separatists. Previous papers on war and happiness suggest that in 44 countries, the intensity of the war reduces happiness (Welsh 2008).
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Is Less, More? On “Usakhelauri” Wine
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Georgian Wool: Can It Become the “Golden Fleece” Again?
Georgia’s population is rapidly aging because of low fertility, improvements in the healthcare system, and labor migration. The challenges of living in an older society were discussed in a working group format as part of the “National Dialogue on Georgian Demographic Security Priorities”, April 18-19, which was attended by ISET-PI’s Maka Chitanava and Lasha Labadze. This UNFPA-supported dialog was initiated by the Georgian Parliament’s Healthcare and Social Policy Committee. The main objective was to review the latest data and consider strategies to address pressing demographic challenges. The working group meeting was attended by Georgian parliamentarians, representatives of key government agencies, international organizations, and NGOs. The main topics considered included ageing and age structure; fertility, including sexual and reproductive health; morbidity and mortality; and, finally, migration (both internal and external).
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How Safe Is Your Food?
On April 6, researcher of ISET Policy Institute, Maka Chitanava was invited to “Business Contact” on Maestro TV. She talked about newly proposed pension system and analyzed its potential risks and challenges. The accumulation pension system is going to be implemented from October 1, 2017. However, according to Maka, only a very small number of people will benefit from the new pension system. The major problem with this reform is that on the one hand, Georgia has a strikingly high percent of unemployed and self-employed population, who do not get a fixed monthly salary. On the other hand, those who are employed have a significantly unequal pay. Watch the video from Maestro TV to listen to Maka discuss this and other issues concerning the proposed reform.
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Hunger Games: Speculation in Food Markets
ISET is pleased to announce the excellent achievements of our alumni, Nino Doghonadze (class 2012) and Saba Devdariani (class 2014). Having worked the last few years as researchers at the ISET Policy Institute, Nino and Saba decided to continue their education abroad. With their applications supported by ISET’s senior faculty Tornike Kadeishvili, Daniel Levy, Omer Moav, Motty Perry, and Avner Shaked among others, both have been accepted to a number of prestigious economics PhD program in Europe and the US. Nino Doghonadze got accepted to Pennsylvania State University where she will be joining two other ISET alumni – Giorgi Mekerishvili (who also happens to be Nino’s classmate) and Roba Khubulashvili. The two are 4th and 3rd year PhD students, respectively.