In September 2016, ISET’s Consumer Confidence Index added 13 points, the single largest monthly increase in the Index since its launch more than 4 years ago. Having risen from -28.7 to -15.7 points, the CCI rebounded to levels we have last observed about two years ago, in fall 2014 (i.e. at the outset of the GEL devaluation drama).

As part of a partnership arrangement under the “Good Jobs for Inclusive Growth” study, Yasya Babych of MPRC was invited to participate in an Interim workshop dubbed “Enabling Conditions for Inclusive Growth and Good Jobs: A Role for Development Partners” held on 15-16 September 2016 in Manila, the Philippines by the Asian Development Bank (ADB).

As the Election Day of October 8th approaches, we hear more and more about the platforms of Georgian political parties. Given that political competition is very fierce, one naturally expects to hear some blatantly populist statements – the kind of political promises (known to humanity from the times of Aristophanes) which are very popular among the voters, but are hard or impossible to implement in practice.

In August 2016, the average cost of cooking one standard Imeretian khachapuri increased to 3.15 GEL, which is 4.8 % higher month-on-month (m/m, that is compared to July 2016), but 9.6% lower year-on-year (y/y, compared to August 2015).

Despite being a predominantly rural country, Georgia suffers from extensive issues related to agricultural development. To this end, ENPARD, a European Union rural development program, has assisted with the establishment of a number of cooperatives throughout the country. The success stories of two of these prompted a recent visit by members of the Agricultural Policy Research Centre.