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  • Giorgi Piriashvili
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  • Maka Chitanava
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Date From
Date To
Why the National Bank of Georgia is ditching dollars for gold
07 May 2024

The National Bank of Georgia (NBG) recently acquired 7 tons of high-quality monetary gold valued at $500 million, constituting approximately 11% of its total reserves. This marked the first occasion that Georgia acquired gold for its reserves since it regained independence.

Risks of Russian business ownership in Georgia
11 December 2023

This policy brief addresses risks tied to Russian business ownership in Georgia. The concentration of this ownership in critical sectors such as electricity and communications makes Georgia vulnerable to risks of political influence, corruption, economic manipulation, espionage, sabotage, and sanctions evasion. To minimize these risks, it is recommended to establish a Foreign Direct Investment (FDI) screening mechanism for Russia-originating investments, acknowledge the risks in national security documents, and implement a critical infrastructure reform.

Women in academia – a glass ceiling in the South Caucasus?
16 October 2023

The topic of women and power roles in academia is an area of significant interest and concern in contemporary society. While strides have been made in promoting gender equality in higher education, academic institutions continue to encounter issues with representation and empowerment for women in various positions of authority and influence.

Would a higher minimum wage meaningfully affect poverty levels among women? – A simulation case from Georgia
10 April 2023

In economic literature, the effect of minimum wage on the labour market and its relevance as an anti-poverty, equality-enhancing policy tool, is a matter of vigorous debate. The focus of this policy brief is a hypothetical effect on poverty rates, particularly among women, following an increase in the minimum wage in Georgia.

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.

Gender gap widens during covid-19: the case of Georgia
25 April 2022

Gender inequality has been a persistent (albeit steadily improving) problem for years. The COVID-induced crisis put women in a disproportionately disadvantaged position, jeopardizing decades of progress achieved towards equality between men and women.

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