11
October
2012
While more than half of all jobs in Georgia are in the agricultural sector, agriculture’s share of value-added to GDP was only 11 percent in 2007 (World Bank).
08
October
2012
Few elections in recent years were watched as carefully around the world as the Georgian parliamentary elections. And few political and economic observers shunned the opportunity to interpret its stunning outcome.
05
October
2012
No, nothing about the election here. Instead something about the Georgian retail gasoline market, which according to some is not so competitive.
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.
