
In the 1990s, my brother traveled to Georgia with a friend. They were cruising around with an old van, looking for archaeological sites and other cultural heritage.

Members of the same nation have the same “cultural background”, which means that they share a good deal of political and social values and ideals, and they tend to believe in the same recipes to solve their problems.

A recent NBER working paper by Diego Comin caught my attention. The paper explores the tourism industry in Tanzania and tries to answer a few questions. The results should be taken with a grain of salt, as the methodology appears to be less watertight than in your usual NBER working paper.

One thing few visitors to Tbilisi fail to notice is the rich and layered architectural heritage of the city. There are medieval churches in Old Tbilisi. There are art nouveau buildings in Sololaki.

Judging by the number of foreigners entering Georgia since 2004, tourism expanded at a breathtaking average pace of 32% a year, nearly doubling every three years. A simple extrapolation suggests that in four more years, by 2015, Georgia may be receiving more than 5mln tourists per year.