19
January
2017
In the first half of January, Georgian retail food prices went up. Compared to mid-December, ISET’s Retail Food Price index experienced a significant 10.1% increase. Prices increased across key food commodities as a result of the holiday-related slump in demand. The Georgian lari depreciation applied additional upward pressure on the GEL prices of imported food products.
21
November
2016
Structural transformation of the economy is one of the most important determinants of economic development. Almost invariably, nations that have managed to pull themselves out of poverty were able to diversify their economies away from low productivity sectors. In advanced countries, productivity differences between sectors are generally small, and growth mostly happens because of productivity improvements within sectors.
24
October
2016
Nino Kvirkvelia and her husband Irakli Todua are not exactly your typical Georgian smallholders. Both spouses are well-educated (both hold economics and business degrees from reputable Georgian institutions). More importantly in the context of Georgian agriculture, the couple owns 28(!) hectares of arable land in Georgia’s horticultural heaven, Samegrelo, best known for its hazelnuts.
26
September
2016
Cutting taxes and achieving higher economic growth, as a result, is every politician’s dream. The 2016 parliamentary elections of Georgia showed just how important and controversial the question of taxation can become.
22
September
2016
The particular importance of agriculture in Ukraine is so strong that it has been suggested by some that it is reflected in the country's flag; the golden yellow field of wheat sits beneath a blue sky, said to be a common sight in rural Ukraine.
