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Opportunity to transfer new technology to Georgia via call from Sweden!
22 January 2018

The Swedish Agency for Economic and Regional Growth has announced an open call for applications between 17 January and 4 March 2018 for Demo Environment demonstration and planning grants.

January 2018 GDP Forecast | Trade, not consumption or investment, is poised to be the largest source of GDP growth for Georgia in 2017
22 January 2018

Based on November 2017 data, the forecast for GDP growth in the fourth quarter of 2017 remained at 4.6%. Real GDP growth rate reached 3.7 % y-o-y in November 2017. As a result, estimated real GDP growth for the first eleven months of 2017 was 4.8%.

Is the Georgian Beef Market Becoming More Western?
22 January 2018

When visiting Georgia, the son of a French farmer may feel like cows are invading the countryside. They seem to be everywhere, roaming in little herds, cows, heifers, and calves all together, searching for every blade of grass to be grazed under the guard of their herdsman. From this point of view and many others, including amazing landscapes, Saperavi wine, khinkali and mtsvadi, the Georgian countryside is very surprising and interesting!

Impact assessment of the state support program for the small and medium enterprises in Georgia
01 January 2018

Evaluating the impact of the state support programs on the firm-level outcomes in Georgia. The objective of this study is to evaluate the impact of the state support program of SMEs on the firm-level outcomes in Georgia. The Georgian government’s SME financing procedure offers just such a unique opportunity for a quasi-natural experiment, which allows the credible use of local/nonparametric regression discontinuity methodology (RDD).

Solving the puzzle of economic development without rural-urban migration in Georgia
01 January 2018

This research aims to explain how Georgia’s economic development in the past 12-15 years took place despite the absence of rural-urban migration, defying the predictions of the Lewis Model - one of the most influential theories in development economics.

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