Using the panel data on the German and Ukrainian labor markets, Prof. Pignatti and his co-authors Thomas Dohmen (University of Bonn, Maastricht University, IZA and DIW, Berlin) and Hartmut Lehmann (University of Bologna, IZA and DIW, Berlin) show that risk attitudes have permanent (exogenous) determinants that are valid at different stages of economic development and in different structural contexts.
The radicalization of Islam and the Russian-Turkish spat affect the security of the South Caucasus energy supply corridor and shed new light on the prospects of Russian-Georgian economic relations. The challenges and opportunities related to the new security threats were the main topics of discussion at a forum organized by the Caucasian House.
As a freshwater resource-rich Caucasian country, Georgia is well-positioned to produce high quality trout in its mountains. However, the Georgian trout sector is struggling and faces a number of constraints to further development.
There is a lot of affinity among Estonia and Georgia, two tiny nations for centuries caught between the Russian rock and the German or Ottoman/Persian hard place. Common fate may be, indeed, the reason for Georgia’s topping the list of Estonian development cooperation priorities. Georgia is the largest recipient of Estonia’s bilateral aid, most of which is about sharing the Estonian experience of establishing itself as a new European democracy and a unique place to do business.
The project supports the Ministry of Economy and Sustainable Development of Georgia to identify priority sectors/subsectors of the economy to target foreign investment. The sectors prioritized have potential for an increase in productivity and export to the EU market and therefore are potentially attractive to foreign investors.