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Agriculture makes an important contribution to economic development in Georgia. Value added in agriculture accounted for 9.3% of Georgian GDP in 2013 and 53.4% of employment (World Bank, 2014a). Agriculture also provides an essential basis for the food, beverages and tobacco processing industries, which together accounted for just over one-third of value added in manufacturing in Georgia in 2010.
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One of the most puzzling aspects of the Georgian labor market is what is known as the “qualification mismatch”. While unemployment is high, many positions remain vacant due to a lack of qualified applicants.
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Over the last weekend, I was invited by an international development bank to run a workshop in the nice Hotel Eden in Kvareli, Kakheti. The topic of the workshop was “Georgia’s economic future”.
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On November 20, 2014, Dr. Sergei Chobanyan professor of ISET and Georgian Technical University, Senior Scientist at the Niko Muskhelishvili Institute of Computational Mathematics of Georgian Technical University, held a presentation “On the Volume Calendar Planning Problem” at the ISET Conference Hall.
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The average cost of cooking one standard Imeretian Khachapuri in October 2014 was 3.35 GEL, 0.1% lower both in month-on-month comparison (m/m, that is compared to the previous month) and year-on-year comparison (y/y, that is compared to the same month of last year).