02
October
2017
On 26 September, the World Economic Forum published The Global Competitiveness Report 2017–2018. The full report contains detailed profiles and rankings for 137 countries based on 2016 data.
02
October
2017
In the summer of 2017, Georgia experienced an unusually high number of forest fires across the entire country. 35 forest fires were recorded just in August (official data reporting the size of area burned by these fires is not yet available). In almost all regions of the country, several fires were reported. Among them, the conflagration in the Borjomi gorge had the most dramatic consequences: it lasted for seven days (20-27 August), and more than 100 hectares of forest were destroyed. Many people claim that these cannot be all accidental events.
29
September
2017
In September 2017, Georgian power plants generated 820 mln. kWh of electricity. This corresponds to a 3% increase in total generation in comparison with the previous year (in 2016, total generation in September was 798 mln. kWh). On a monthly basis generation decreased by21% with respect to August 2017 (in August 2017, total generation was 1,035 mln. kWh).
25
September
2017
It is no secret that global competition for the best brains is as intense as ever. Having adequate human capital can put a country on a trajectory of perpetual growth, say economists. The ‘brain wars’ typically play out in the setting of national and multinational companies competing for talent, but some of the most intense fights happen between universities struggling to recruit and retain the best young minds on the planet.
18
September
2017
When my mom was at my age (twenty-four), she already had a ring on her finger, a family, two kids, and a very clear idea about her life. I am not yet married, but I have already made at least one very important decision in my life – to become an economist. I made this fateful decision at 22, having tried myself in a banking job (that I hated). Many of my friends, however, are stuck with the educational and professional choices they have made very early in the lives, before knowing who they are and what they could possibly achieve.
