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The Brutal Revolution
26 June 2015

When offered the ISET director job back in March 2007, I did not think twice. Everything I’ve read about Georgia until then was incredibly positive. Livable, hospitable, beautiful, corruption-free, etc., etc. The latter part sounded particularly promising given that during my last days in Moscow (I lived and worked in Moscow from 1993 till 2007) I had my brand new BMW motorbike stolen in broad daylight by a local police officer (sic!) who knew that I am about to leave the country and probably thought that there would be no use for motorbikes on Georgia’s terrible roads.

Zurab Abramishvili: The Principal Principle
09 June 2015

On Monday, 8th of June, Zurab Abramishvili from the CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute) presented his research proposal titled “The Principal Principle: How an Immediate and Random Replacement of School Principals Illuminates Their Value Added; A Case of Education Policy in Georgia”. Mr. Abramishvili is an ISET graduate in 2010, currently, he is doing postdoctoral work at ISET.

What Kind of "State" Does a Country Need?
08 May 2015

Some twenty five year later, the world is once again rife with “contradictions” (the elimination of which is key to understanding Fukuyama’s end-of-history Hegelian thinking). These contradictions are most evident in the ever intensifying migration debates in Europe and the US, renewed trade wars, geopolitical rivalries and religious conflicts.

How the Age Structure Impairs “Inclusive Growth” in Rural Georgia
04 May 2015

Currently, farming in Georgia is a “by default activity” – the vast majority of Georgian “farmers” are not really farmers in a professional sense but rather people who try to survive by growing agricultural products. When traveling through Georgia’s countryside, one sees immediately that it is mainly the older generation which has to resort to this default activity.

April 20, 2015 Kh-Index | Khachapuri index feeling the heat of lari depreciation
20 April 2015

If we take a more detailed look at the prices of Kh-Index ingredients (see graph), the main contributors to y/y Khachapuri index deflation in March were cheese (-12%) and eggs (-1%). All other ingredients increased in price: flour (11%), yeast (21%), butter (6%), and milk (12%). As can be easily seen, prices fell y/y for locally-produced goods (eggs and cheese, made of fresh milk); prices went up y/y for goods that are imported (yeast and butter) or use imported intermediate inputs in their production (flour and milk).

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