ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Apr
05

A Georgian Woman’s Burden: How Pandemic Affected Distribution of Household Work Between Men and Women, And Why It Matters.

The COVID-19 pandemic has changed our lives and perceptions in many important ways: the value we put on face-to-face interactions, the importance of personal space, communication with loved ones, and much more. Some of these perceptions and social changes may actually outlive the pandemic. During the prolonged lockdown periods many people were suddenly confronted with the “hidden” side of their economic lives – the realities of unpaid care work. Unpaid care is something that people do daily to maintain their own and their family’s well-being: cooking, cl...
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Mar
22

COVID and the City – A Spatial Fracture in Georgia?

THE CONTEXT The COVID pandemic raises a vast number of questions for economists, though researchers have mostly focused on advanced economies and on the economic ‘scarring’ that the virus has inflicted. Not all, however, as a few economists have been interested in the likely evolution of cities after the pandemic. They observe that some cities, in particular travel hubs, have been epidemic hotspots, while many others, usually smaller, have been reasonably spared. More rural areas have also been less affected, although with strong variation across regions...
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Mar
15

How Can Georgia Deal with its Plastic Waste?

In the modern world, plastic waste recycling has become one of the more crucial activities to combat environmental degradation. The plastic pollution portal from the United Nations Environment Programme (UNEP) highlights that every year around 300 million tons of plastic waste is produced globally. Historically, 9% of the plastic ever produced has been recycled and 12% incinerated, with the remaining 79% going to landfills. Plastic is now truly found worldwide, including within our very food and water, and it is already negatively impacting both wildlife...
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Mar
08

The Wheat Market in Georgia

On February 15th 2021, export quotas on wheat, rye, maize, and barley entered into force in Russia. Russia also imposed customs tariffs and prohibitive duties amounting to 50% of customs value on these products. WHAT DOES THIS MEAN FOR GEORGIA? In general, the introduction of customs tariffs or quotas on exports is a part of a protectionist policy and is, more often than not, directed towards the protection of local producers and markets. Export quotas entail restrictions on the quantity of specific goods and services within an outlined period of time wi...
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Feb
08

To Prevent, to Repair, or to Start Over: Should Georgia Put ‘Maintenance’ Ahead of ‘Investment’ in Its Development Dictionary?

In a recent blog post, Y. Babych and L. Leruth raised several issues related to public infrastructure management in the city of Tbilisi. They observed that the consequences of poor past management practices were highly visible. But some of these consequences are also less visible or less immediate. Take schooling, for example. If the authorities fail to plan for the expected increase in the city’s population over the next few years and neglect to build an adequate number of kindergartens/pre-schools, the results will be overcrowded, fast decaying pre-sch...
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Feb
01

COVID-19 in Georgia's Agriculture: a challenge, an opportunity or both?

The COVID-19 pandemic has led to widespread economic distress in many countries around the world. For the first time since 2009, the world’s gross domestic product (GDP) is expected to have declined in 2020. Alongside other sectors of the economy, such impacts are also being felt by the food and agricultural sector. The pandemic has affected food security and nutrition, supply chains, food and livestock production, and food safety. The pandemic consequently poses a serious threat to livelihoods in poor countries, those where agricultural production syste...
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