09
January
2013
In 1905, Max Weber, in his masterpiece, “The Protestant Ethics and Spirit of Capitalism”, proposed an interesting hypothesis which claimed that Protestantism, Calvinism, and Puritan ethics influenced the development of capitalism.
12
December
2012
Below are Google Maps images of two rural communities (A and B) in Georgia. Please click the image to enlarge it.
10
December
2012
Poverty and income inequality are two of the top concerns for the newly elected Georgian government. Indeed, despite impressive growth performance (annual growth rates have averaged more than 6% since 2005), Georgia remains a poor country.
07
December
2012
There are different ways to measure the success of nations. Various surveys are conducted and different indices are compiled to measure the well-being of countries across the world.
03
December
2012
Computable General Equilibrium (CGE) model is an analytical tool commonly used by countries and international financial institutions to simulate policy interventions. CGE applications are not limited to any particular policy area. Their usefulness is highest when the simulated policy intervention is expected to generate significant feedback effects or spillovers into sectors that may not be directly affected.
