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Rule of Law and Property Rights, the Economics Perspective
14 December 2012

“Don’t rush to judgment on Georgia” was the title of a recent article by Michael Cecire in Foreign Policy (FP). Written in an apparent reaction to “Georgian Dream shows its dark side” (FP, November 29), and “Georgia’s government takes a wrong turn” (Washington Post, November 28), Cecire’s piece attempts to provide a more objective account of the situation.

Know Thy Land or a Tale of Two Georgian Regions
12 December 2012

Below are Google Maps images of two rural communities (A and B) in Georgia. Please click the image to enlarge it.

Economic Growth and Income Inequality in Georgia
10 December 2012

Poverty and income inequality are two of the top concerns for the newly elected Georgian government. Indeed, despite impressive growth performance (annual growth rates have averaged more than 6% since 2005), Georgia remains a poor country.

Since When Do Georgians Trust Banks More Than Friends?
07 December 2012

There are different ways to measure the success of nations. Various surveys are conducted and different indices are compiled to measure the well-being of countries across the world.

Computable General Equilibrium Model for Georgia
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.

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