Publications
- International Republican Institute - IRI
- Macroeconomic policy
- Media & democracy
Agricultural input subsidy programs are meant to increase crop production, contributing in this way to improved food security and rise of incomes of stallholder farmers. An important goal of such programs is to develop efficient input supply systems, improving farmers’ access to inputs and adoption of new technologies (e.g., use of new seed varieties, fertilizers, and pesticides).
A dramatic y/y decline (44%) in Georgia’s 2015 exports to Armenia was the subject of a study by ISET-PI and the German Economic Team (GET). Our goal was to understand the extent to which this slump resulted from Armenia’s agreement to join the Eurasian Economic Union in 2014 (as part of this agreement, Armenia applied new trade barriers on imports from non-EEU countries in 2015).
Georgia’s Insolvency law of 2007 is primarily oriented towards a rapid liquidation of insolvent corporate entities and private entrepreneurs’ businesses with subsequent distribution of remaining assets amongst the creditors. The number of insolvency cases dealt with by the local courts of Tbilisi and Kutaisi is fairly limited most probably due to insufficient assets in the insolvent entities to cover the costs of the insolvency procedure.
Georgia is consistently performing very well in the World Bank’s “Doing Business” (DB) ranking 24th country globally in 2016: DB ranking is made up of several different indicators. Georgia only ranked 62nd for getting electricity (GE). GE indicator is a proxy for electricity supply quality to the business.
As a freshwater resource-rich Caucasian country, Georgia is well-positioned to produce high quality trout in its mountains. However, the Georgian trout sector is struggling and faces a number of constraints to further development.
Currently, the Georgian agricultural sector is characterized by relatively low productivity (by international standards) and its contribution to the GDP of the country is much lower than what it could be, considering that 45%1 of the Georgian labor force is currently employed in agriculture.