As often discussed on this page, the seasonal dynamics of the Khachapuri Index are mainly driven by extremely sharp fluctuations in the supply of fresh milk, which directly affects the prices of traditional dairy products such as Imeretian cheese. However, these seasonal fluctuations in the price of cheese are consistently sharper in Kutaisi than anywhere else in Georgia.

Georgian reforms have become an internationally traded commodity. Underappreciated and no longer wanted at home, some of Georgia’s former reformers are doing well-paid consulting gigs in Mongolia, Central Asia, Ukraine, Moldova, and further away emerging markets. Sensing a business opportunity, a group of former government officials groomed by Kakha Bendukidze, the mastermind of Georgian reforms, has recently established a consulting agency, “Reformatics”.

On Wednesday, April 15th, ISET hosted Archil Kbilashvili, former Prosecutor General of Georgia, currently a Partner of Mgaloblishvili-Kipiani-Dzidziguri (MKD) law firm. Mr. Kbilashvili delivered a presentation regarding the principles of law and order to the ISET community.

After being steadily optimistic for most of 2014 and in the first quarter of 2015, Georgia’s business confidence dropped by 24.5 points to an all-time low level of 3.6 on a scale of [-100; 100] points. The survey, which included 168 firms, suggests that business confidence declined on all measures, across all sectors, and for all firm sizes. Moreover, it is reflected in business perceptions concerning both current performance and expectations concerning the future.

As of 2012, there were 37000 families in Georgia qualified as environmental migrants (eco-migrants) and in need of resettlement. Despite the scale of the problem, there is no proper legal and institutional setup in Georgia aimed at securing basic human rights of eco-migrants and reducing the adverse consequences caused by environmental factors.