18
February
2019
In January 2019, the cost of cooking one standard Imeretian khachapuri decreased comparatively both annual and monthly, ranging between 3.56 GEL (Tbilisi) and 3.70 GEL (Kutaisi), with an average cost of 3.62 GEL. The new average price is 2.5% lower than in January 2018. As for the month-to-month development, the price of khachapuri is 3.5% lower compared to the previous month (December 2018).
14
February
2019
On February 14, Prof. Muhammad Asali delivered a research seminar and presented his work on the relationship between the labor market and the healthiness of the economy. The paper, entitled “Labor Market Discrimination and the Macroeconomy,” which is a joint work with his former student Ms. Rusudan Gurashvili, aimed at measuring and documenting the discriminatory wage gaps in Georgia within gender and ethnic dimensions.
14
February
2019
After independence from the Soviet Union, Georgia started experiencing a significant rise in the number of boys born compared with the number of girls, the sex ratio at birth. As of 2004 Georgia had one of the highest sex ratio at birth rates in the world, but by 2016 the ratio was at the biologically normal level. The country’s unique position provides valuable knowledge and experience.
13
February
2019
In preparation for the COP24 climate change conference in Poland, in December 2018, researchers published a report from the Intergovernmental Panel on Climate Change (IPCC) outlining how significant the consequences of climate change would be following a global increase in temperature of just a half degree, from 1.5 to 2 degrees C. In the wake of the newly released IPCC report, alongside William Nordhaus’ Nobel Memorial award, this year’s winner in economics, a heated debate has surfaced.
13
February
2019
Georgia has a number of laws and regulations governing water resources, dating back to the late nineties and partially amended after 2003. These changes, however, have not always followed a clear and coherent strategy. Consequently, in the words of the United Nations Economic Commission for Europe (UNECE), the current legislation is an “unworkable and fragmented system”.
