In April, the average cost of cooking one standard Imeretian khachapuri fell to 2.96 GEL, which is 3.2% lower month-on-month (m/m, that is compared to March 2015), and 11.4% lower year-on-year (y/y, that is compared to April 2014). The main contributors to y/y Khachapuri Index deflation were cheese (down 22.3%) and eggs (2.5%). Not incidentally, both Imeretian cheese and eggs are produced in Georgia.
In the frames of the memorandum of understanding between ISET Policy Institute and the Business Association of Georgia (BAG), ISET-PI offered a compressed four-day training to the staff of the association. Senior researchers of the policy institute, Maya Grigolia, and Nino Doghonadze conducted the training in macroeconomics 101.
The second of May, 2015, may well go unnoticed by historians of the future; but I am convinced that it marks a watershed not only in Georgia’s recent evolution – but also, maybe, in the history of our times...
On Monday, May 4th, Yaroslava Babych, Academic Director of ISET Policy Institute, participated in a conference “Gender Biased Sex Selection in Georgia: Context, Evidence, Implications and Proposed Solutions” jointly organized by the United Nations Population Fund (UNFPA) and the World Bank that took place in Tbilisi, Georgia.
Currently, farming in Georgia is a “by default activity” – the vast majority of Georgian “farmers” are not really farmers in a professional sense but rather people who try to survive by growing agricultural products. When traveling through Georgia’s countryside, one sees immediately that it is mainly the older generation which has to resort to this default activity.