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Feasibility study for the polypropylene production in Georgia
13 April 2020

The possibility of own polypropylene production inside Georgia has been an important topic of governmental policy and strategy discussion during the COVID-19 epidemic. The study looks at both technical and economic feasibility of producing polypropylene in Georgia using several alteranative methods.

The Economic Response to COVID-19: How is Georgia Handling the Challenge?
24 March 2020

As the novel coronavirus COVID-19 outbreak continues to spread around the world and has been declared a global pandemic by the World Health Organization, the next global economic recession is no longer an “if” or even a “when” event. Unfortunately, it is already upon us. In just the past few days.

It’s Not Who You Trade With – It’s Who You Produce With: Measuring Georgia’s Integration into Global and Regional Value Chains
17 March 2020

We live in a world where the production of a single good typically involves manufacturing inputs from many different countries around the globe. For example, a typical iPhone production takes place in as many as 7 countries, including the USA, Mongolia, Japan, Korea, Taiwan, China, and even Switzerland. This is what is known to economists as global value chains (GVC). The emergence of GVC more than two decades ago transformed the way economists think about countries’ comparative advantage and specialization in production.

Assessing Participation of CAREC Countries in Global and Regional Value Chains
28 February 2020

The advent of globalization in recent decades has had a profound impact on the development path of countries around the globe. The rapid development of ICT technologies coupled with global tendencies to reduce tariff and non-tariff barriers since WWII made possible economic integration between countries on the scale never imagined before.

Development of indirect impact assessment methodology and multipliers
10 February 2020

The aim of the project was the development of multipliers to assess the indirect impact on job creation, investment, and enhanced revenues on the Georgian economy.

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