22
October
2012
Starting from October 15, Georgian consumers have to pay about 5-10 tetri more for one loaf of bread. Many large producers increased their prices.
19
October
2012
Economics suggests that competition in a market brings more welfare to a country. Anti-monopoly agencies exist to create policies that limit market dominance and achieve competition.
19
October
2012
Supported by the German development organization, GIZ (Deutsche Gesellschaft fur Internationale Zusammenarbeit), ISET-PI conducted a training program for participants from Georgian government organizations, the national bank, and think tanks.
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.