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Common Language, Education, and Nation Building
14 July 2014

Back in the middle of the 19th century, Georgia was much more fragmented and unequal than today. It was a society consisting of a huge mass of illiterate peasants (mostly serfs working the lands of their lords and the church), a sliver of urban population (large parts of which, particularly in Tbilisi, were not ethnically Georgian), and a relatively large proportion (up to 5%) of nobility, organized according to a rigid hierarchical system and controlling much of the country’s land.

Georgia – A Country Between Poland and Korea
16 June 2014

In the first part of this article, I described some of the adverse incentives resulting from a social welfare system. Then I argued that according to Simon Kuznets' famous paradigm, increasing inequality is hardly evitable when a country enters a growth trajectory (as Georgia did in 2003), and I reasoned that it is at least an ambivalent (not to say questionable) policy for Georgia, at its current state of development, to fight inequality by social welfare measures. In this vein, the article seemed to advocate that Georgia might better follow the “Asian” approach of “develop first, redistribute later”.

Is women’s ownership of land a panacea in developing countries? evidence from land-owing farm households in Malawi
05 June 2014

On May 23, 2014, ISET hosted a presentation by Dr. Ira Gang from Rutgers University, who presented his paper titled: “Is women’s ownership of land a panacea in developing countries? evidence from land-owning farm households in Malawi”.

May 2014 | Macro economic review
08 May 2014

After suffering a temporary setback in April 2014, the year-on-year growth rate in May is back to upper single digits (6.3%). However, macro indicators suggest that the economic landscape has hardly changed between April and May.

The Mystery of the Russian Economy (Part 2)
05 May 2014

For a long time, Russia was seen as the land of opportunity for foreign investors. The allure of the country with a large population, vast natural resources, and more importantly, a large middle class willing to spend money, was irresistible. The burgeoning economy, however, held a few secrets which threatened to derail investors’ hopes.

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