17
January
2014
When I think about the lack of human capital in Georgian agriculture, I am reminded of the 1997 Georgian movie “The Turtle Doves of Paradise”, directed by Goderdzi Chokheli. In a Soviet village, an ex-priest decides to teach basic knowledge to old peasants. He wants them to learn to read, write, and elementary calculations skills.
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).
11
January
2014
The growth forecast for the 4th quarter of 2013 has been revised downward from 5.2%to 4.9%. The forecast for the first quarter of 2014 has also been reduced from 6.5% to 5.7%. Given the Geostat data for the first three quarters and the ISET-PI forecast for the 4th quarter, the annual growth rate for 2013 is projected to be 2.6%.
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.
