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Regional Disparities in Georgia
21 June 2013

Regional development policy, defined as aid and assistance given to economically less developed regions, is an issue for almost every country that seeks territorial unity. Putting the arguments of equity or efficiency aside, states with high regional disparities are potentially exposed to the political risk of disintegration.

An Economist’s Comment on “Dodge or Die” on the Streets of Tbilisi
10 June 2013

As Stephen Dowling put it in his BBC News article a few years ago, “when it comes to crossing the road, there's no such thing as an international standard. Every country does it differently.” How people drive and cross the road, according to Dowling, is a matter of a country’s cultural values. Is it really?

Riding the Dragon
03 June 2013

Cultural and intellectual achievements herald the economic success of a people, and the Chinese cultural and intellectual heritage is breathtaking. The Chinese discovered gunpowder, the compass, and the movable type printing press long before the Europeans.

Georgia's Education System Reforms: Corruption is Gone but Where is the Quality?
13 May 2013

A country without oil needs smart people! This clearly applies to Georgia. Not endowed with substantial amounts of natural resources, Georgia totally depends on its human resources. Yet how good is the intellectual equipment of the Georgians that is so urgently required for driving the economic development of this country?

What Can Be Achieved Through Better Education?
10 May 2013

When speaking about unemployment, arguably the sorest problem in many market economies, “better education” is one of the standard remedies proposed by economists.

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