24
December
2012
This is the last issue of the Khachapuri Index column in 2012 (#44 this year and #74 overall since the project’s launch in June 2011). Therefore, we would like to wish our readers many causes for the magnificent Georgian supra in the new 2013, with a lot of khachapuri and wine.
12
November
2012
During the past 18 months, Georgian consumers have been enjoying an unprecedented period of price stability. Ever since May 2011, when inflation peaked given the state of frenzy in the global commodity markets, inflation has literally come to a halt: since early 2012, monthly inflation rates are fluctuating around the zero trends.
29
September
2008
Central banks are often surrounded by an aura of mystique and the common man on the street seems to have very little understanding not only of what, why, and how exactly a central bank does, but most importantly of how much a central bank actually can do. It is commonly believed that the job of a central bank is to print money, which sounds rather trivial.
