15
July
2015
After the sharp decline in Q2 2015, business confidence (BCI) in Georgia showed signs of rebounding in Q3. In line with expectations, April, May, and June were ex-post not particularly favorable months for Georgian businesses.
13
July
2015
An average Georgian household spends more than 40% of its budget on food. It, therefore, stands to reason that Georgian consumers are quite sensitive to food prices, which may be very good news considering recent developments in global commodity markets. According to the latest World Bank’s Food Price Watch, “international food prices declined by 14% between August 2014 and May 2015, sliding into a five-year low.”
06
July
2015
Since the Rose Revolution, pro-Western Georgian politicians strive to lead their country into the apparent safe haven of the NATO defense collective. So far membership seems far off, causing disappointment among many Georgians and affirming those who preferred less integration in the Western geopolitical bloc. The continuing debate as to whether or not Georgia should assume full membership in the alliance may be obfuscating the reality that the present relationship with the alliance is the most ideal for Georgia.
01
July
2015
Human capital is the biggest asset of each and every think tank. In securing reliable and high-quality researchers, think tanks compete with much more powerful competitors—i.e., governments, state agencies, private companies, banks, and consulting companies. The region’s think tanks, therefore, have to devise special motivation strategies to retain existing staff and attract new talented individuals to opt for this career.
01
July
2015
On July 1, 2015, the Stakeholders’ Forum on the Tea Sector took place in Kutaisi. This was a first event in a series of dialogues about agriculture and rural development in Georgia organized by the ISET Policy Institute in partnership with CARE International in the Caucasus, the Regional Development Association, and the Georgian Farmers Association.
