03
October
2012
The question of the title seems to be a rhetorical one. With the 2008 global financial crisis fresh in our minds, the logic of the vicious cycle between the economic slowdown, troubles in the banking sector, credit crunch, and the subsequent industrial decline reinforcing the credit conundrums seems quite apparent.
02
October
2012
Despite spectacular growth performance during the past several years (averaging more than 6% since 2005), Georgia remains a poor country. In 2011, Georgia’s GDP per capita reached USD 3,215, just below the average for small island states in the Pacific and just above Guatemala.
29
September
2012
The YFN Georgia blog offers an interesting angle to the opening of the new Kutaisi airport.
26
September
2012
As any other labor-exporting country, Georgia faces both the costs and benefits of migration.
18
September
2012
Located only 800m from the South Ossetian border, the village of Kvemo Nikozi was swept by the invading Russian troops in August 2008.
