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ISET Economist Blog

A blog about economics in the South Caucasus.
May
31

Quitting or Going Underground? How Georgians Responded to Increased Tobacco Regulations

  It is World No Tobacco Day – a yearly celebration that “informs the public on the dangers of using tobacco, the business practices of tobacco companies, what the World Health Organization (WHO) is doing to fight against the use of tobacco.” This year’s theme is “Commit to quit”, and if you are a smoker you can find useful information on the WHO webpage devoted to ending smoking. As promised in our previous blog, Tobacco Control in Georgia, here I continue to explore topics connected to the local economic and health impacts of smoking, and the corr...
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Apr
19

Tobacco Control in Georgia

  Smoking and passive smoking are some of the main problems for public health in Georgia. According to the WHO, 29.9% of adults in Georgia smoked tobacco in 2017. Smoking prevalence among males was 54.6% – fifth in the world and first in Europe. A study by UNDP suggests that about 0.4% of the adult population of Georgia die annually from tobacco-related diseases and the estimated total annual economic costs of smoking account for 2.4% of GDP. TOBACCO CONTROL POLICY AND TAXATION To reduce the health and economic harm of tobacco use, Georgia implement...
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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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Sep
21

The Post-COVID Foreign Direct Investment in Georgia: go clean, or don’t go!

Governments around the world are racing against the clock to help communities damaged by the economic fallout of COVID-19. Eager to bring good news to their constituents, they are brokering deals likely to bring employment and much needed international investments. Georgia, of course, is no exception. Recent FDI projects include a plastics processing plant with a stated capacity to employ 400 local workers in plastic waste recycling jobs and the associated sections of the supply chain. In crises years, creation of jobs via FDI sounds absolutely great. Bu...
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