The question of the title seems to be a rhetorical one. With the 2008 global financial crisis fresh in our minds, the logic of the vicious cycle between the economic slowdown, troubles in the banking sector, credit crunch, and the subsequent industrial decline reinforcing the credit conundrums seems quite apparent.
The history of Georgian tea began in 1897 when Lao Cheng Zhao came from China to the imperial estate in the village of Chakvi.
We economists tend to search for economics behind everything. It's as if it is some kind of disease, for which there is no cure. I admit, I myself suffer from it.
Competitiveness is an elusive term that can mean different things to different people. Moreover, there is no consensus on how a country can become competitive.
The day of select economic links has come!