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No Price Caps in the Electricity Wholesale Market!
08 May 2016

This article is about a highly technical matter. To avoid losing all our readers in the very beginning, let us start with a famous doctrine by Montesquieu: Les lois inutiles affaiblissent les lois nécessaires. This principle, literally meaning “useless laws weaken the necessary laws”, should always be kept in mind by lawmakers and politicians. If a regulation is not beneficial, then it is almost surely beneficial to get rid of the regulation. Some great Georgians endorsed this principle, like Kakha Bendukidze, who is widely praised for having erased many unnecessary rules from Georgia’s legal codes.

Mikautadze Appointed as Deputy of Private Sector Development Research Center
04 May 2016

ISET is pleased to welcome its new employee Gigla Mikautadze in the capacity of Deputy Head of the Private Sector Development Research Centre. His responsibilities include leading the centre in studying and formulating effective policy options for strengthening the private sector and promoting market competitiveness. In addition, he will work to promote the engagement of the private sector in policy discussions, as well as assist the research centre in its goal to increase the capacity of the private and the public sector in development.

Price Transmission on Wheat Flour Market in Georgia
02 May 2016

Between August 2014 and May 2015, international wheat prices declined by 18%, rice prices dropped by 14% and maize prices declined by 6% (World Bank, 2015). This decreased prices are expected to be transmitted from international to domestic consumer prices of food items (e.g., wheat flour, bread). However, there are many factors that hinder this transmission process.

Are Working Women Happy Women? View from the Greater Caucasus
25 April 2016

Already in ancient times, philosophers debated the nature of happiness and the recipes for a happy and fulfilling life. Today this question is also hotly debated by scientists and politicians, who are particularly interested in what can be done to increase the happiness of their voters (and citizens, more generally). Happiness has become so important nowadays that four countries: Bhutan, Ecuador, UAE, and Venezuela went so far as to employ ministers of happiness!

XXI Century Arrives to Kakheti, with soplidan.ge
05 April 2016

Have you ever had a problem buying healthy products or being lazy to go shopping in the open-air bazaar? Wouldn’t it be wonderful to be able to order natural and fresh food that gets delivered straight to your door that is not of the fast-food, take-away variety? There might just be the reason for optimism with the story of soplidan.ge (“from the village”).

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