In October 2016, the average cost of cooking one standard portion of Imeretian Khachapuri was 3.39 GEL, which is 1% lower month-on-month (compared to September 2016), and 6.1 % lower year-on-year (compared to October 2015).

On October 28 and 29, CARE International in the Caucasus carried out its Direct Beneficiary Survey of ENPARD-funded cooperatives in the regions of Guria, Samegrelo, and Racha-Lechkhumi & Kvemo Svaneti.

The Republic of Georgia was among the fastest Former Soviet Union countries to implement large-scale land reform and land redistribution plans, starting in 1992. Land redistribution resulted in the formation of hundreds of thousands of small family farms, replacing large-scale collectives and production cooperatives (Sovkhozez and Kolkhozes). The main purpose of this land individualization process was, arguably, to help a large part of the population survive extremely hard times.

A question of causality: Does modernization of agriculture lead to economic growth or does growth induce a modernization of the agricultural sector? For many years, this question has been hotly debated among development economists. While those economists who believe in growth-led agriculture (GLA) were dominating until recently, now the proponents of agriculture-led growth (ALG) are afloat again. Which insights does this debate yield for Georgia?

ISET Policy Institute executive director Lasha Labadze attended the fourth annual ADB-Asian Think Tank Development Forum 2016 on October 27-28 in New Delhi, India, organized by the Indian Council for Research on International Economic Relations (ICRIER), the National Institute of Public Finance and Policy (NIPFP), and the Asian Development Bank.