18
October
2012
The literature, typically using panel data covering many countries, shows that higher government turnover rates reduce growth significantly in both economic and statistical terms, even for established democracies.
17
October
2012
Several years ago the (now former) Georgian government started successful reforms in the electricity sector and was eagerly looking forward to future projects.
15
October
2012
The private provision of childcare in Georgia’s cities has been on the rise during the last few years as is especially evident in the capital.
12
October
2012
The term “economics imperialism” has been coined in recent decades to describe a tendency of economists to meddle with such seemingly non-economic aspects of life as crime, the family, irrational behavior, politics, culture, religion, and war. Mine is an attempt to invade the world of music.
11
October
2012
While more than half of all jobs in Georgia are in the agricultural sector, agriculture’s share of value-added to GDP was only 11 percent in 2007 (World Bank).
