03
December
2012
Computable General Equilibrium (CGE) model is an analytical tool commonly used by countries and international financial institutions to simulate policy interventions. CGE applications are not limited to any particular policy area. Their usefulness is highest when the simulated policy intervention is expected to generate significant feedback effects or spillovers into sectors that may not be directly affected.
30
November
2012
We may recall that the Lazika city project has been proposed by the Saakashvili administration to accelerate the process of urbanization. A new city was suggested as a means of absorbing surplus rural population and thus paving the way for land consolidation and greater productivity in agriculture.
28
November
2012
If you follow modern Georgian electronic media, you have definitely noticed a strange tendency of publishing news pieces based on people’s posts and status updates on Facebook.
26
November
2012
In his blog post “The puzzle of agricultural productivity in Georgia and Armenia”, Adam Pellillo raises the following question.
22
November
2012
On November 20, 2012, Azim Sadikov, a Senior Economist from the IMF’s Resident Representative Office in Georgia, delivered a presentation of the IMF’s annual report on the “Caucasus and Central Asia [CCA] Regional Economic Outlook” to ISETers. The presentation covered an analysis of current and projected macroeconomic trends on both the global and CCA regional scale.
