This project identifies sectors and subsectors of the Georgian economy which have a higher potential for growth and which the Georgian Government should prioritise when designing strategies to attract foreign investors and increase EU export levels post DCFTA.
The relevance of agriculture in formal employment dropped in many European, Central, and East Asian countries over the previous decades. The mutually reinforcing and interdependent processes of development outside the agricultural sector, along with significant urbanization, have resulted in new dynamics and diversity in the rural labor landscape. Remittances, as the link between urban and international migrants and their original households, have gained importance in sustaining rural livelihoods, especially in poorer countries and regions.
In May 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.08 GEL, which is 2.7% lower month-on-month (m/m, that is compared to April 2016), but 7% higher year-on-year (y/y, compared to May 2015). Due to seasonal factors, the Index declined m/m in all cities included in our survey (Tbilisi, Kutaisi, and Telavi), except Batumi, Georgia’s Black Sea tourism hub.
In the year of elections, any piece of economic analysis is usually seasoned with a hefty dose of caution. Every analyst is aware of the fact that the incumbents will be too eager to oversell the ‘good’, while the opposition will pound on the ‘bad’. Weary of taking sides in political battles, economists usually switch on their primary defense mechanism: they start relying (heavily) on the annoying “on the one hand”, “on the other hand” kinds of phrases. I am of course referring to Georgia in the year 2016.
On June 15-16th, Oxfam organized and hosted the International Conference on Food Security and Nutrition in Tbilisi. ISET President Eric Livny was a panel member for the session on Food Security (FS) monitoring and evaluation (M&E) and discussed the major findings of a research piece entitled “Assessing Food Security Data Relevance and Collection Mechanisms in the South Caucasus” conducted by APRC at the end of 2015.