04
May
2015
Currently, farming in Georgia is a “by default activity” – the vast majority of Georgian “farmers” are not really farmers in a professional sense but rather people who try to survive by growing agricultural products. When traveling through Georgia’s countryside, one sees immediately that it is mainly the older generation which has to resort to this default activity.
01
May
2015
ISET’s Khachapuri Index kept declining in April, very much in line with the multi-year seasonal trend (see chart). The average cost of cooking one standard Imeretian Khachapuri currently stands at 2.96 GEL, which is 3.2% lower month-on-month (m/m, that is compared to March 2015), and 11.4% lower year-on-year (y/y, that is compared to April 2014).
01
May
2015
Judging by Georgia’s average birth rate, it clearly belongs into the European family of nations. At 1.82 children per woman, according to the latest data, the Georgian nation is below (but still relatively close to) 2.1, the birth rate at which the population size remains steady. On average, the birthrate in Europe is around 1.5, which is significantly lower than it was only fifty years ago.
30
April
2015
Starting from 2005, Georgia saw a rapid decline in tertiary gross enrollment. In a country where poverty reduction is a key priority and where labor market outcomes have not been particularly strong during the last decade, the decline in higher education enrollment might appear as an additional obstacle to human and economic development.
30
April
2015
On Wednesday, April 29th, ISET hosted Mr. Donghyun Park, Asian Development Bank’s Principal Economist at Economics and Research Department. Mr. Park presented recently published ADB's Asian Development Outlook (ADO) 2015 Theme Chapter “Financing Asia’s Future Growth”. ADO is the annual flagship report of the Asian Development Bank.
