18
January
2016
For over three and a half years, the ISET Policy Institute has been tracking the trends in the Georgian consumer sentiments. Every month a team of callers dial randomly generated telephone numbers to interview around 330 people from all over Georgia. The interviewer first asks the basic questions about the respondent’s age, level of education, place of residence, and then follows up with questions about the current financial situation of the household and the person’s expectations about the future economic situation in the country.
30
December
2015
Georgia is one of the northernmost tea producing countries in the world. The humid and subtropical Black Sea climate creates ideal conditions for growing tea in five regions of Western Georgia: Adjara, Guria, Samegrelo, Imereti and Abkhazia.
20
December
2015
Once again, Georgians across the country are preparing for the holiday season, making travel plans, crushing walnuts for gozinaki, and buying gifts for their friends and families. Gifts are an important part of celebrating the New Year and Christmas, signifying the importance of friendship and allowing us to treat our loved ones to something to start a brand new year in style.
30
November
2015
Distinguished ISET graduate and recent recipient of a Doctorate of Economics from the University of Pennsylvania, Salome Baslandze has recently been awarded a tenure track professorship at the Einaudi Institute for Economics and Finance (EIEF) in Rome, Italy. There she will be teaching classes and continuing her research on growth, technological change, firm dynamics, and the dynamics of innovation.
07
November
2015
After many years of chaos and utter collapse, Georgia’s once glorious tea industry is again showing signs of life. More and more individual farmers and businesses – mostly very small, but some quite ambitious, such as Geoplant (known for its “Gurieli” brand) – grow, process, and pack tea. Despite competition from major producing countries and international brands, Georgian tea has great export potential because of the value attached to it all over the former Soviet Union.