25
January
2013
Georgia is among a few countries in the world that do not have a deposit insurance system in place. Does the country need to have such a system? Or is deposit insurance likely to do more harm than good? The answer is not as clear-cut as it may seem.
18
January
2013
Is inequality bad for economic development? There has been a lively debate on this issue. Some economists argue that inequality is necessary for economic growth, while others are against it.
17
January
2013
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.
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.
26
September
2012
As any other labor-exporting country, Georgia faces both the costs and benefits of migration.
