Policy Briefs
Agriculture and food production: Potential in Georgia
Tuesday,
25
August,
2015
Tuesday,
25
August,
2015
The main objective of this project was to analyze the predicted potential for Georgia to specialize in the production of various agricultural goods. APRC assisted the German Economic Team within this project with regards to: searching, collecting, and summarizing data, reviewing existing literature to study the potential of agricultural goods which have a relative comparative advantage compared to others. The empirical paper by the GET Georgia predicted the potential for Georgia to develop its specialization in 14 agricultural goods. Our analysis showed the relative comparative advantage of several goods and we grouped them into the following three categories: Fruit and Vegetable; Tobacco, Dairy products, Fish, and Sea Food. There are large investment needs, but also many potential benefits from higher value-added, processed products.
Since September 2014, the ISET Policy Institute has been working with the German Economic Team (GET). In May 2015 ISET-PI and GET extended their partnership and began working on a variety of policy briefs for Georgia's industrial development. These briefs will simultaneously advance research in the sector and provide the Georgian government a set of guidelines for the development of its own policy, exploring where Georgia's comparative advantages lie. The German Economic Team is a consulting group that provides advisory services to the Georgian government on economic policy and is supported by the German Federal Ministry for Economic Affairs and Energy.
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Georgia’s biodiversity: urgency of effective policies
14
December
2023
Biodiversity, as defined by the Convention of Biological Diversity (CDB), refers to “the variability among living organisms from all sources including, inter alia, terrestrial, marine, and other aquatic ecosystems and the ecological complexes of which they are part; this includes diversity within species, between species, and of ecosystems” (CDB). Generally, it refers to the diversity of ecosystems and the variety of life on Earth.
Price controls and their impact on economy
14
March
2023
Over the past few years, food prices have been increasing and Georgia has been facing food price inflation in the double digits. This is primarily due to international market trends that reflect concerns over decreased production, increased crude oil prices, as well as COVID-19 pandemic-related restrictions. Russia’s full-scale invasion of Ukraine increased pressure on international food markets already struggling with soaring prices.
Overview of the hazelnut sector in Georgia: past trends and the way forward
20
February
2023
Historically, hazelnuts have been one of Georgia’s main crops in terms of economic value; as the country is located on the Black Sea coastal area, which has suitable soil and climate conditions for growing hazelnuts. Even as early as the fourth century B.C., populations grew wild forms of hazelnut, which later adapted to local conditions and formed regional varieties (GEONUTS, 2023).
An overview of the Georgian wine sector
01
December
2022
The Georgian winemaking tradition is 8000 years old, making Georgia the world’s first known location of grape winemaking. There are many traditions associated with Georgian winemaking. One of them is ‘Rtveli’ – the grape harvest that usually starts in September and continues throughout the autumn season, accompanied by feasts and celebrations.
