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Arbitrage? Not in Georgia!
29 March 2013

I have snapped the picture above in one of Tbilisi’s main streets. To the economist’s eye, however, this picture should be disturbing. While the general observer will see clean and wide sidewalks, beautiful classical-style buildings, and a single pedestrian in this early hour of the day, one also sees two adjacent currency exchange booths (Lombardi, as they are called here).

Free Trade vs. Protectionism: Georgia's Contribution to an Old Debate
01 March 2013

Georgia is flooded with cheap Turkish products: tasteless winter tomatoes, clothes, construction materials, you name it. Turkish goods are everywhere – in specialized shops in central Tbilisi, supermarkets, and the Eliava Bazroba.

Thou Shall Work or Thou Shall not Eat
25 February 2013

Recent strikes of minibus drivers in Tbilisi have reminded all of us about the long-forgotten issue of labor rights in Georgia. Since the new government came to power at the beginning of October, employee protests have become a regular “inconvenience”.

Credit Officers' Training Program
31 July 2012

After the great success in preparing and delivering the Young Bankers training program for ProCredit Bank Georgia, a new training program for senior bank staff was developed and conducted in Tbilisi and Batumi in 2012.

The Case Of Tbilisi Hippodrome – Urban Planning Mistake Or A New Approach To Regional Policy?
30 July 2012

Despite arduous government efforts to reduce regional disparities, population and wealth are very unevenly distributed across Georgia’s territory.

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