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Rising Generation of Georgian Agripreneurs
18 March 2017

In developed countries like Korea and Australia, employment in the agricultural sector is gaining more and more popularity, however, moving back to the countryside in developing nations remains associated with poverty, inefficiency, and lack of progress.

Wood: Still the Most Affordable Fuel Option for Rural Households?
17 March 2017

Despite the fast pace of installing gas infrastructure throughout the country, wood remains a major household fuel in Georgia. According to Georgia’s energy balance, in 2014, Georgian households consumed 19,131 Terajoules of biofuel and waste (mainly wood). The share of wood in total energy consumed by households was 38%.

How to Prevent the Tobacco Law from Going Up in Smokes?
13 March 2017

After a hike in excise tax on cigarettes in January 2017, the Parliament of Georgia is going to introduce legislative changes to the existing tobacco control law (TCL) in March. Since its enactment in 2003, TCL has been modified several times. However, the recently proposed changes can be considered the most radical step towards a tobacco-free society in Georgia. New draft law comprehensively covers production, packaging, marketing, advertising, selling and consumption of tobacco, and other activities of tobacco businesses.

When Carrefour Corners Your Corner Store
11 March 2017

In the last few decades, large supermarkets (referring to all modern retail, which includes chain stores of various formats such as hypermarkets, convenience and neighborhood stores) have changed the retail business landscape in many countries through larger store formats, more shelf space, an increased variety of goods and services, and extensive marketing strategies.

Economic Freedom (Act): Do We Need It or Not?
06 March 2017

The so-called “Economic Freedom Act” (EFA), which has been a matter of public discussion in recent weeks, refers to two pieces of legislation: (i) a Constitutional amendment from 2010, which requires a referendum for introducing new taxes or increasing the tax rate, and (ii) the Law on Economic Freedom (2011), in force since 2013, setting a number of additional restrictions to government fiscal policy (Table 1).

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