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Wages and productivity levels differ across countries. For instance, in 2011 the average yearly income in the US was about $53 000, whilst the same indicator was $250 in Madagascar.
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We were not off to a good start in 2012. On 20 January, we lost our dear Mzia Mikeladze. Her sudden passing away has shaken the entire ISET community but life had to continue… We created a memorial fund and a special scholarship to encourage young ISET students to remember Mzia and to follow in her footsteps.
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This blog post is a sequel to “Price of a Woman: Economic Rationale behind Marriage Payments in Georgia”. I recently found very interesting data about bride prices in the Georgian highlands and the North Caucasus, which I am now going to share with you.
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Below are Google Maps images of two rural communities (A and B) in Georgia. Please click the image to enlarge it.
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Poverty and income inequality are two of the top concerns for the newly elected Georgian government. Indeed, despite impressive growth performance (annual growth rates have averaged more than 6% since 2005), Georgia remains a poor country.