Publications
- International Republican Institute - IRI
- Macroeconomic policy
- Media & democracy
This report was prepared under the mandate ‘Analysis of the National Agricultural Knowledge and Information System (AKIS) in Georgia’ commissioned for the UNDP project ‘Modernization of Vocational Education and Training (VET) System Related to Agriculture in Georgia’. The mandate includes three larger fields of inquiry, namely an analysis of the Georgian AKIS actors and linkages including a visualization, the identification of assets and gaps in the current system, and recommendations on how to improve.
This paper analyses income distribution and poverty reduction in Georgia in the period 2010 to 2017/2018. As we have no data for 2019, our findings do not relate to the most recent distributional policies of the Georgian government. Our results suggest that while Georgia has substantially reduced poverty and income inequality, continuous monitoring of the situation would be helpful.
In the past several months the world has been rocked by profound economic and social turbulence. The COVID-19 epidemic has forced many countries around the world into widespread emergency lockdowns. Economic activity plunged dramatically in February-March 2020, with rapid indicators showing strong contractions in retail, restaurant business, and passenger transport.
Beyond its impact on the healthcare system, the COVID-19 pandemic via economic shocks has already reached labor markets throughout every economy. As of 1 April 2020, ILO estimates indicate a substantial rise in global unemployment, leading to 6.7% decline in working hours in the second quarter of 2020, which is equivalent to 195 million full-time workers.
Images of empty shelves in grocery stores worldwide have emerged amid the COVID-19 pandemic. So far, this has had little to do with an actual shortage of food products but rather has reflected the behavior of panicked consumers who are hoarding food. While some earlier publications perceived no imminent threats from the pandemic to global food security, more recent articles called attention to proper policy responses to reduce the potential negative impacts of COVID-19 on local and global food systems and food security.
As the novel coronavirus COVID-19 outbreak continues to spread around the world and has been declared a global pandemic by the World Health Organization, the next global economic recession is no longer an “if” or even a “when” event. Unfortunately, it is already upon us. In just the past few days.