On the 15th of March 1962, President John F. Kennedy delivered a seminal speech to the congress, outlining the four rights that he considered essential for consumers: the right to safety, the right to be informed, the right to choose, and the right to be heard. Ever since Kennedy’s speech, the idea of consumer protection blossomed both in theory and in practice. In this year, 52 years after Kennedy’s speech, Georgia will pass a new law on the protection of consumer rights.
The project provides findings and policy recommendation from a series of eight case studies documenting foreign direct investment in Georgia's agriculture and food processing industry, including grape and wine production, hazelnuts, poultry, cereals and medicinal herbs, pickled fruit and vegetables, as well as apple concentrate and aroma.
On February 19, 2014, ISET hosted a round table meeting on the World Bank’s draft of its Country Partnership Strategy (CPS) with Georgia for the FY 2014-2017. The purpose of the consultation meeting was to receive critical feedback from think tanks on the CPS to help determine the most effective country partnership strategy.
Georgian households, being as poor as they are, don't save enough for the rainy day. Do low savings imply that Georgians are impatient to consume and do not care about their future? Is it in our genes that we prefer today’s egg to tomorrow’s chicken? Maybe our history, the history of a small nation struggling for survival, taught us to live our lives one day at a time?
The growth forecast for the 4th quarter of 2013 is unchanged at 4.9%, suggesting annual growth of 2.6%, while Geostat’s flash estimates are 6.9% for 2013Q4 and 3.1% for the whole year.