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Lock, Stock and Two Smoking Barrels
05 November 2016

Casinos, totalizators, and other gambling institutions are very popular in Georgia. According to the study “Gambling in Georgia – Second Report,” conducted by Transparency International Georgia in 2015, 6% of 1867 randomly interviewed people answered “yes” to the question of whether they or their family members were engaged in gambling for money, including online. This figure, in my opinion, is too low, underestimating the potential engagement in gambling among Georgians.

Less Taxes = Higher Growth? Or not?
26 September 2016

Cutting taxes and achieving higher economic growth, as a result, is every politician’s dream. The 2016 parliamentary elections of Georgia showed just how important and controversial the question of taxation can become.

Expected Certainty: ISET Graduate Gogsadze Discusses Tax Evasion
23 September 2016

Shakespeare is often quoted as having said that death and tax are the only two certainties in life; many people of the modern world would perhaps agree that he would have been at liberty to add tax evasion to the list.

Patience, Genatsvale!
30 May 2016

One of the first things tourists in Georgia notice is how crazy that drive from the airport to the city is. Jumping red lights, breaking rules to take over the jeep in front, the Georgian taxi driver risks his (and not only his!) life to deliver his passenger to the destination. As a distraction from the dangerous ride, the driver might offer the famous “dzhigit” (a brave equestrian) joke: a dzhigit passes on the red light but stops on the green – in case another dzhigit is crossing the road.

March 07, 2016 Kh-Index | Khachapuri index and consumer price index move together up
07 March 2016

In February 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.44 GEL, which is 4.3% lower month-on-month (that is compared to January 2016), and 4.7% higher year-on-year (compared to February 2015).

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