It is a well-known fact that nearly a half of the Georgian population is involved in agriculture, while Georgia imports around 60% of all the food it consumes. High food import share and food security are important issues for Georgia, widely discussed among the policymakers and in the media. One issue that remains largely in the shadows of public attention is Georgia’s struggle with nutritional deficiencies and unhealthy, undiversified diets.
According to data from the last two weeks of April, retail food prices are down 4.6% y/y (compared to April 2015) and 0.6% m/m (compared to March 2016). During these two weeks, we have seen the biggest drops in the prices of eggplants (21.4%), buckwheat (9.4%), and tomato (9.0%). Only one (!) product increased in price during this period: greens (up 3.8%).
A dramatic y/y decline (44%) in Georgia’s 2015 exports to Armenia was the subject of a study by ISET-PI and the German Economic Team (GET). Our goal was to understand the extent to which this slump resulted from Armenia’s agreement to join the Eurasian Economic Union in 2014 (as part of this agreement, Armenia applied new trade barriers on imports from non-EEU countries in 2015).
Retail food prices decreased by 1.3% y/y and 0.2% m/m. Compared to the end of March, the biggest drops in prices happened in the vegetable category: eggplants are down by 11.8%; cucumbers by 11.2%; and cabbage by 5.3%.
The Inter-Conference Symposium of the International Association of Agricultural Economists (IAAE) entitled “Agricultural Transitions along the Silk Road” took place on April 4-7, 2016, in Almaty, Kazakhstan. It was organized by the Leibniz Institute of Agricultural Development in Transition Economies (IAMO) and hosted by Kazakh National Agrarian University (KazNAU).