13
May
2013
A country without oil needs smart people! This clearly applies to Georgia. Not endowed with substantial amounts of natural resources, Georgia totally depends on its human resources. Yet how good is the intellectual equipment of the Georgians that is so urgently required for driving the economic development of this country?
10
May
2013
When speaking about unemployment, arguably the sorest problem in many market economies, “better education” is one of the standard remedies proposed by economists.
08
May
2013
Recently, we discussed the low ranking of Georgia when it comes to social capital (“Since When Do Georgians Trust Banks More Than Friends?”). In the 2012 Legatum Prosperity Index, our country ranked #140 in the social capital subindex, out of 142 surveyed countries!
07
May
2013
Once considered the most dynamic sector of the Georgian economy, the banks have recently become a target for fierce criticism by Georgian policymakers and the media.
29
April
2013
Would you like to buy in a supermarket where the supermarket owner decides what you will get for your money after you made the payment? Such a supermarket would arguably not attract many customers.
