Women are generally under-represented in political offices worldwide, and their under-representation becomes larger in more senior positions. Infırst brıef the author reviews some recent academic literature in economics and political science on the likely causes of women’s under-representation. Broadly speaking, the literature has divided such causes into “supply-side” and “demand-side” factors.
This quarterly report provides an analysis of economic trends, as well as denoting the challenges and opportunities (in local, regional, and global contexts) in the selected value chains within six sectors to improve evidence-based decision-making by providing quality information and analytics. These specific sectors are tourism, creative industries, light manufacturing, shared intellectual services, waste management, and recycling, along with cross-cutting sectors. The analysis tracks trends from 2014 to the third quarter of 2020.
The COVID-19 pandemic and consequent stringent lockdown measures have had a drastic toll on the Georgian economy. The economic downturn has significantly affected the resilience of local Small and Medium Enterprises (SMEs), whose sales decreased by almost 13% (YoY) in the first two quarters of 2020. These negative impacts of the economic contraction have been particularly severe for Women-led Small and Medium Enterprises (WSMEs).
Davit Keshelava of MPRC commented on the wealth report of Credit Suisse with the Business Contract programme of Maestro TV. The report noted that the UK’s household wealth has been reduced by $1.5tn post Brexit. In addition, the number of people in the UK who have $1m or more has reduced by around 15%.Davit pointed out that such a significant reduction of household wealth can be considered as the cost of Brexit. Since the results of the referendum were publicly known, the British pound depreciated by 16% relative to the US dollar and 10% relative to the euro. He added that the detailed institutional and legislative aspects of Brexit are not known to society, yet this creates further uncertainty for economic agents and do not allow markets to increase accordingly. In addition, he overviewed new opportunities for Georgia to benefit from this fact (especially tourism potential). Watch the video from Maestro TV to learn more.
In partnership with PMC Research, ISET Policy Institute is working on the project “Sector and Value Chain Analytics” under the USAID Economic Security Program, implemented by DAI. Using quantitative and qualitative analytical methods, the project team analyzes economic tendencies in the local and also regional/global context, competitiveness of local businesses, opportunities, and challenges in various targeted value chains.