14
October
2014
In October, rental prices for residential properties in Tbilisi declined significantly in annual terms (-7.1%). Buyers tended to purchase cheaper, lower quality units in October relative to the previous month. Lower lending and deposit interest rates made real estate investments more attractive, driving rental prices for residential property downward.
14
October
2014
No. In this two-part article, I will argue that there are challenges to capitalism on the horizon that are virtually unsurmountable. There are good reasons to believe that in 30 years from now we will not see global dominance of market systems anymore.
03
October
2014
Hospitality is one of the most prized aspects of Georgian culture. Welcoming (literal translation: "respecting") guests is a matter of great pride for any family. My mother grew up in a small Imeretian village, and as she tells me, the kids of the family were not allowed to eat until the guests were fully "respected", i.e. properly fed. Even the poorest household in the village would go out of its way (and income) to impress its guests with a cornucopia of local delicacies, meats, veggies, and homemade wine.
30
September
2014
The Georgian government is currently working on the draft of a new Code on Spatial Planning and Construction, with the aim of increasing the safety of new constructions while consolidating the great achievements obtained in terms of effectiveness in the delivery of construction permits.
19
September
2014
Any Georgian growing up in the “dark” 1990s (a literally dark, and rather gloomy period in the recent history of our country) would remember the canned milk powder distributed, together with some other goodies, to families with children aged below 5. These black and white cans were often used as flower pots in many of these families…
