Quarter 1 2022 | Macro Review: A perilous road ahead: the Georgian economy at the start of Russia’s war on Ukraine
01 July 2022

Russia’s invasion of Ukraine has profoundly affected nearly every aspect of the global economy, from food and energy security to supply chains and financial markets. The World Bank (June 2022) estimates that the 2021 5.5% rebound global growth is therefore expected to drop to 2.9% y/y in 2022.

Energy security and the transition to a green economy. Is the Georgian media ready?
24 January 2022

In previous articles we have discussed the visible deterioration of Georgia’s energy security, where energy demand keeps increasing and the share of domestic energy sources in overall primary supply (the gross amount consumed by the country over one year) is declining. Reversing this trend requires the country to accelerate the pace that it develops domestic – and mostly renewable – energy generation capacity; ideally in combination with greater efforts to improve energy efficiency.

Energy Imports, Domestic Production, and Energy Security: Dynamics, Challenges, and the Importance of Developing Renewable Energy Sources in Georgia
22 November 2021

The International Energy Agency provides a definition of energy security across two dimensions. In a broad sense, energy security is defined as the “uninterrupted availability of energy sources at an affordable price,” while short-term energy security denotes that an energy system has the capability to promptly balance any disruption in the supply-demand equilibrium.

Regulatory impact assessment of the draft law on food loss and waste
11 November 2021

Food Loss and Waste (FLW) is one of the critical issues related to waste management in Georgia. A large amount of food still suitable for human consumption is wasted by Food Business Operators (FBOs) and large food retailers in particular due to the packaging or quality issues, expiration date, excess supply and consumption habits, which results in significant economic losses for these FBOs.

Is There an End in Sight to Food Price Inflation?
18 October 2021

In the past year and a half since the pandemic began, we’ve all become familiar with phrases such as “supply chain disruption,” “turbulence and volatility in international markets,” and “in these unprecedented times,” often used to preface news about pandemic-related food price increases across the globe.