ISET proudly presents its brand new Georgian Supra Index, 2016, cooked specially for the Khachapuri Index’s New Year edition. Served on the Georgian Supra Map (supra’s literal meaning is “tablecloth”), our Supra Index measures the cost (in GEL) of a standard supra feast for a family of 5-6 persons across Georgia’s regions.
Farmers can be much more effective if they have up-to-date information, on prices, practices, and weather. With mobile phones and mobile Internet, they can get this information when, where, and how they need it. The promise of the Internet for agriculture has been a popular idea, and in Georgia, too, policymakers and donors have begun to explore the options. Some pilot projects seek to program specific platforms for farmers, in order to inform and engage them.
On December 23, a lunch meeting was organized for EPAC members to discuss whether laws on antidumping are necessary. The event was organized by Georgian Lawyers for Independent Professions, Governing for Growth (G4G), and the Society of Free Individuals. ISET Policy Institute researcher Gigla Mikautadze was invited as a guest speaker and presented his views on the need for anti-dumping regulations and possible economic consequences.
In the first two weeks of December, Georgian retail prices increased. ISET’s Retail Food Price index gained 1.2% m/m (compared to mid-November). Nonetheless, compared to December 2015, the holidays will cost less than n 2016, as we recorded a significant 13% decrease in food prices.
In 1991, the former finance minister of Chile, Alejandro Foxley, said in an interview: “We may not like the government that came before us. But they did many things right. We have inherited an economy that is an asset.”