17
April
2013
“Fast and furious... Soviet-style: Crazy stunt drivers of Georgia try to impress Hollywood by speeding through crowded public streets.” The clip, uploaded by the team of would-be-stunts has reportedly received 2 million YouTube views in a week.
11
April
2013
As you can see, and contrary to widespread perceptions, there is no significant augmentation of the urban areas' population in Georgia in the last two decades or so.
05
April
2013
Many countries in the world run their public pension systems under the so-called pay-as-you-go (PAYG) scheme, where pensioners receive their money from those who are currently working.
29
March
2013
I have snapped the picture above in one of Tbilisi’s main streets. To the economist’s eye, however, this picture should be disturbing. While the general observer will see clean and wide sidewalks, beautiful classical-style buildings, and a single pedestrian in this early hour of the day, one also sees two adjacent currency exchange booths (Lombardi, as they are called here).
21
March
2013
While there are differences between regions, most of the systematic regional disparities can be explained by differences in urbanization rates across the regions; namely, relatively more urbanized regions tend to have a higher per capita gross value added, a more diverse and sophisticated economic structure, and a better developed infrastructure.
