26
October
2012
As Harry S Truman once noted – “It's a recession when your neighbor loses his job; it's a depression when you lose your own”. While Georgia was able to grow its economy, this growth did not trickle all the way down.
25
October
2012
ISET is pleased to announce that from October 30 through November 12, 2012, it will host a number of seminars on topics related to energy markets. Professor Einar Hope, a visiting faculty member at ISET, will deliver this seminar series, which was organized by students and professors of ISET’s Concentration in Energy and Natural Resources Management. The seminars will be open to students, graduates, and ISET faculty.
19
October
2012
Economics suggests that competition in a market brings more welfare to a country. Anti-monopoly agencies exist to create policies that limit market dominance and achieve competition.
05
October
2012
No, nothing about the election here. Instead something about the Georgian retail gasoline market, which according to some is not so competitive.
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.
