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The Consumer Confidence Index (CCI) attempts to capture the expectations of consumers about the future development of the economy.
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Is inequality bad for economic development? There has been a lively debate on this issue. Some economists argue that inequality is necessary for economic growth, while others are against it.
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How can a society become more prosperous? This question has been on the minds of economists and policymakers for centuries.
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In 1905, Max Weber, in his masterpiece, “The Protestant Ethics and Spirit of Capitalism”, proposed an interesting hypothesis which claimed that Protestantism, Calvinism, and Puritan ethics influenced the development of capitalism.
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A few days after the beginning of the August 2008 war with Russia, I found myself on an epic journey through Kvemo Kartli and the volcanic plateau of Samtkhe-Javakheti to Turkey.