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Breaking the Vicious Circle of Poverty and Inequality
02 October 2012

Despite spectacular growth performance during the past several years (averaging more than 6% since 2005), Georgia remains a poor country. In 2011, Georgia’s GDP per capita reached USD 3,215, just below the average for small island states in the Pacific and just above Guatemala.

Growth and Even More Growth
21 June 2012

A new study by the ISET Policy Institute has interesting insights into Georgia’s growth performance.

Growth Diagnostics for Georgia
31 May 2012

Georgia’s growth performance since independence has gone through extremes, from an unprecedented -44.9 percent in 1992 to 12.3 percent in 2007. Although growth rates temporarily fell in the aftermath of the Russian-Georgian war and the world financial crisis they have since then recovered to 7 percent in 2011

The Catching-up Game
03 May 2012

A recent paper by Dani Rodrik has an interesting observation about Georgia. The paper itself estimates the productivity growth rates of manufacturing firms, based on a UNIDO dataset covering 72 countries.

Trade and Sustainability Impact Assessment in support of negotiations on Deep Comprehensive Free Trade Agreement (DFCTA) between the EU and Georgia
09 January 2012

ISET-PI played a relatively minor role in this project, supporting a consortium consisting of Ecorys (Netherlands) and CASE (Poland). The study was commissioned by the European Commission (DG Trade). The Georgian component of the study identified considerable compliance costs related to the EU-required phyto and veterinary controls, reflected in higher prices for meat and meat products, and an increase in EU meat exports to Georgia. These findings were reported to the Georgian Prime Minister’s office and to the consortium members.

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