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What Can We Do about the Lari Depreciation?
06 March 2015

Unlike most commodities that are provided by private actors competing with each other, a currency is provided by a monopolist. The only institution that is allowed to produce laris is the National Bank of Georgia (NBG).

Lari Depreciation: Is a Financial Crisis on the Horizon?
04 March 2015

The recent bouts of sharp lari depreciation caused much anxiety among the Georgian population, prompting fears of inflation, loan defaults, and bank failures, on the one hand, and the typically Georgian political speculations over “who is to blame”, on the other.

Assessment of the Georgia Agricultural Card Program
02 March 2015

In order to assess the effectiveness of the Agricultural Card Program, APRC conducted focus group discussions with farmers and individual interviews with input suppliers and machinery service providers from different regions of Georgia were conducted in order to assess the impact.

Georgia's RMIDP Infrastructure Project Assessment
02 March 2015

Assessment of economic benefits of the road, water and sewage infrastructure rehabilitation performed in several Georgian cities in the framework of the World Bank Regional and Municipal Infrastructure Development Project (RMIDP + AF).

Making Sense of FDI Dynamics
27 February 2015

Foreign direct investment (FDI) is critical to every developing county, and Georgia is no exception in this regard. Georgia wants to grow out of poverty and catch up with the economically more developed regions of the world – for this to happen, foreign resources are needed, in particular, if the domestic savings rate is as low as in Georgia.

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