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Excise Tax Experiments with the Georgian Beer Industry
10 October 2015

During the last 12 months, the Georgian authorities have been conducting interesting experiments designed, so it seems, to test the resilience of domestic beer producers. In September 2014, the industry was hit by Article 171 of the Civil Code, prohibiting alcohol consumption in public places. The beer market, 97% of which is supplied by local producers, has immediately shrunk by 22% (in physical volume, see chart), in annual terms.

Elites That don’t Compete
08 October 2015

The Six Nations Championship is an annual rugby competition featuring an exclusive club of European nations: England, France, Ireland, Italy, Scotland, and Wales. The Six Nations Championship is considered the “elite” rugby tournament of the Northern Hemisphere, matched only by another international “elite” tournament, simply called The Rugby Championship.

Georgian Wine: Plan for the Worst, Hope for the Best
03 October 2015

The Georgian wine industry had a couple of very good years in 2013 and 2014, following the opening of the Russian market. Exports skyrocketed, prices of grapes followed suit. For all the talk about diversification, within just two years, Russia’s share in the total exports of Georgian wine shot up from 0 to almost 68%.

On Innovation, Coffeehouses and Georgian Supras
01 October 2015

According to Steve Johnson (a popular American science writer and media theorist, the author of Where Good Ideas Come From), coffee and coffeehouses were a significant contributor to Europe’s scientific and industrial revolution. The first coffeehouses opened in London in 1650 and quickly mushroomed all over Europe. The coffeehouse had two major positive effects.

Georgian Farmers Playing Russian Roulette
26 September 2015

On August 20, 2015, a strong hailstorm hit Georgia, devastating crops and infrastructure in eastern Kakheti. In Kvareli alone, the hailstorm destroyed about 1,300ha of Saperavi and 1,000ha of Rkatsiteli grapes, affecting more than 500 families. This was only one in a string of natural disasters striking Georgian farmers in recent years.

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