14
January
2014
After reaching negative growth in June 2013 the y-o-y growth of real GDP started to improve slowly and already in November 2013 the growth rate catches up to its previous 2011-2012 higher numbers. According to the GeoStat primary estimations, the average growth rate of the previous three months (November, December 2013, and January 2014) is approximately 8.1% (see Chart 1).
06
January
2014
This project aims to support the development of business-oriented small farmer groups (e.g., agricultural cooperatives) with the goals of increasing agricultural productivity and reducing rural poverty in Georgia.
30
December
2013
Due to the geomorphological characteristics of its territory and to its geographical location, the Re- public of Georgia is rich in hydro resources. According to the Georgian Ministry of Energy and Natural Resources, so far Georgia has exploited only about 20% of its hydro resource potential.
27
December
2013
The 2012 elections can be regarded as one of the most important events in the political life of Georgia. More so than at any time during the country’s 20-year history of independence, these elections were distinguished by a high level of uncertainty regarding the final results, and fierce competition between the ruling party and its major opponents.
20
December
2013
On the first of January, Armenia will adopt an entirely new pension system. This radical reform addresses two problems: widespread poverty among the elderly and a lack of capital in the economy. The very same problems also exist in Georgia, where the standard governmental pension currently is 150 lari, and where the economy is suffering from high capital costs due to notoriously low saving rates.
