A long season of high-stakes elections in Georgia, Ukraine, and now the United States is finally over. Once the last campaign posters are taken down, we may as well start asking: now what?
I am not addicted to TV but I found myself sitting in front of the TV almost 24 hours a day before the 2012 Georgian parliamentary elections.
As Harry S Truman once noted – “It's a recession when your neighbor loses his job; it's a depression when you lose your own”. While Georgia was able to grow its economy, this growth did not trickle all the way down.
The new issue of Investor.GE is out, this time focusing on Georgia as the hub for the South Caucasus and Central Asia. This quote from the lead article caught my attention.
Starting from October 15, Georgian consumers have to pay about 5-10 tetri more for one loaf of bread. Many large producers increased their prices.