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.
The history of Georgian tea began in 1897 when Lao Cheng Zhao came from China to the imperial estate in the village of Chakvi.
Despite arduous government efforts to reduce regional disparities, population and wealth are very unevenly distributed across Georgia’s territory.
In the last week's Khachapuri Index column in The Financial, we took a break from agriculture and focused instead on the energy sector of Georgia.
This week marks the first anniversary of the “ISET Khachapuri Index” in The Financial. During the last 12 months, our faithful readers have followed the ups and the downs of the index and learned many economics lessons in the process.