08
March
2014
The frenzied seasonal agricultural activities – purchases of plants, seeds, fertilizers, investment in food processing, as well as the upcoming elections, invigorated real economic activity in March 2014. According to the GeoStat primary estimates, in this month the y-o-y real economic growth reached 8.3%. As a result, the primary growth rate for the first quarter of 2014 increased to 7.4 %.
07
March
2014
On the 15th of March 1962, President John F. Kennedy delivered a seminal speech to the congress, outlining the four rights that he considered essential for consumers: the right to safety, the right to be informed, the right to choose, and the right to be heard. Ever since Kennedy’s speech, the idea of consumer protection blossomed both in theory and in practice. In this year, 52 years after Kennedy’s speech, Georgia will pass a new law on the protection of consumer rights.
03
March
2014
On the 14th of February, the Ministry of Economy and Sustainable Development of Georgia published the draft version of the Socio-economic Development Strategy 2020 (SDS). This comprehensive document identifies the main socio-economic challenges Georgia will be facing in the next years and presents a strategy how to cope with them. The overall goal is to achieve sustainable and inclusive growth by the end of this decade.
03
March
2014
The project provides findings and policy recommendation from a series of eight case studies documenting foreign direct investment in Georgia's agriculture and food processing industry, including grape and wine production, hazelnuts, poultry, cereals and medicinal herbs, pickled fruit and vegetables, as well as apple concentrate and aroma.
28
February
2014
Assuring access to modern energy services for the whole population is a crucial step to improve human well-being and stimulate economic and social development. The International Energy Agency (IEA) has identified the lack of access to modern energy services as one of the main obstacles to overcome in order to achieve the UN Millennium Development Goals. In its 2011 World Energy Outlook, the IEA argued forcefully about the need to find and mobilize the resources required to extend access to modern energy services to the poor around the world.
