Agricultural input subsidy programs are meant to increase crop production, contributing in this way to improved food security and rise of incomes of stallholder farmers. An important goal of such programs is to develop efficient input supply systems, improving farmers’ access to inputs and adoption of new technologies (e.g., use of new seed varieties, fertilizers, and pesticides).

It is a well-known fact that nearly a half of the Georgian population is involved in agriculture, while Georgia imports around 60% of all the food it consumes. High food import share and food security are important issues for Georgia, widely discussed among the policymakers and in the media. One issue that remains largely in the shadows of public attention is Georgia’s struggle with nutritional deficiencies and unhealthy, undiversified diets.

ISET is proud to congratulate Salome Baslandze, an ISET graduate of 2011, on her recent appointment as an Assistant Professor of Economics at the Einaudi Institute for Economics and Finance (EIEF) in Rome.

According to data from the last two weeks of April, retail food prices are down 4.6% y/y (compared to April 2015) and 0.6% m/m (compared to March 2016). During these two weeks, we have seen the biggest drops in the prices of eggplants (21.4%), buckwheat (9.4%), and tomato (9.0%). Only one (!) product increased in price during this period: greens (up 3.8%).

On 25 May 2016 ISET faculty member and head of the Macroeconomic Policy Research Center at ISET's Policy Institute, Dr. Yaroslava Babych, was an invited panel speaker at the conference on Industrial Policy for the Development of Georgia, organized by the Centre for Social Studies of Georgia.