22
March
2021
The COVID pandemic raises a vast number of questions for economists, though researchers have mostly focused on advanced economies and on the economic ‘scarring’ that the virus has inflicted. Not all, however, as a few economists have been interested in the likely evolution of cities after the pandemic. They observe that some cities, in particular travel hubs, have been epidemic hotspots, while many others, usually smaller, have been reasonably spared. More rural areas have also been less affected, although with strong variation across regions.
15
March
2021
In the modern world, plastic waste recycling has become one of the more crucial activities to combat environmental degradation. The plastic pollution portal from the United Nations Environment Programme (UNEP) highlights that every year around 300 million tons of plastic waste is produced globally. Historically, 9% of the plastic ever produced has been recycled and 12% incinerated, with the remaining 79% going to landfills. Plastic is now truly found worldwide, including within our very food and water, and it is already negatively impacting both wildlife and human wellbeing.
09
March
2021
This in-depth study seeks to quantify the costs and benefits associated with introducing a local tourism fee to support public services and touristic infrastructure in Georgian municipalities. Locally generated and retained fee revenues are one of the best methods for boosting local economies and maintaining tourist infrastructure. A tourism local tax and/or fee is an internationally accepted practice and is paid by non-residents when staying in local tourist accommodations and when receiving specialized services.
08
March
2021
On February 15th 2021, export quotas on wheat, rye, maize, and barley entered into force in Russia. Russia also imposed customs tariffs and prohibitive duties amounting to 50% of customs value on these products.
26
February
2021
In January 2021, Georgian power plants generated 808 mln. kWh of electricity. This represents an 22% decrease in total generation, compared to the previous year (January 2020, the total generation was 1,031 mln. kWh). The decrease in generation on a yearly basis comes from the decrease of 2%, 38% and 36% in hydro, thermal and wind power generation, respectively.
