ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Jan
11

May Certain Trends Brought By COVID-19 Be Worth Keeping Post-Pandemic?

The pandemic has taken an enormous toll on human lives and health globally. It has severely impacted the socio-economic state of millions of households, bringing immeasurable human tragedy, paralysis of social connectivity, economic crisis and, to a certain extent, culture shock. This shock is, in part, the result of the many new practices introduced as a means of dealing with this situation, utterly altering our day-to-day lives. Since we hope to see an improved state of affairs by the end of 2021 after months of cohabitation with the pandemic, it is no...
Rate this blog entry:
Continue reading
37
0 Comments
Write a Comment
Dec
14

COVID-19 and Food Safety in Georgia

“Food safety risks cannot be entirely eliminated but must be managed along the entire food chain, from farm to table. Reducing food safety risks requires collaboration across sectors, stakeholders and national borders” Dr Hans Henri P. Kluge, WHO Regional Director for Europe. It has been almost a year since the world started struggling with the challenges of the COVID-19 pandemic. Countries follow the recommendations and precautions provided by the World Health Organization (WHO) in order to prevent the spread of the virus. While various businesses, scho...
Rate this blog entry:
Continue reading
443
0 Comments
Write a Comment
Dec
07

COVID-19 – A Threat but Also an Opportunity for More Decisive Actions Against Climate Change

Covid-19 has exposed many countries to severe healthcare and economic crises, which have disproportionally adversely affected the most vulnerable and low-income parts of society. The current pandemic crisis, however, has also brought some interesting opportunities to light. For example, it has shown that relatively quick change is possible, as the unfolding of the COVID pandemic led to significant changes in working practices and individual behaviors, leading to dramatic reductions in greenhouse emissions around the world. Building on these experiences, ...
Rate this blog entry:
Continue reading
416
0 Comments
Write a Comment
Nov
30

Food Security and COVID-19 in Georgia

Food supply systems are crucial to the economies of most developing countries, supplying the largest share of food production, and constituting livelihoods and a key source of income for the majority of the population (FAO, 2020). It is therefore vital to maintain the steady flow of goods and services required from local and international food supply chains to ensure the health of the population, and to protect their incomes and livelihoods. Lockdowns from the COVID-19 pandemic have created logistical issues and posed challenges to the function of food s...
Rate this blog entry:
Continue reading
770
0 Comments
Write a Comment
Oct
19

Sorry, You're Fired Due to COVID! Has COVID-19 Widened Gender Gap?

When the Georgian unemployment statistics for Quarter 2 (April, May, June) of 2020 came out, no one was surprised to see that the national unemployment rate, which had been falling steadily over the previous quarters, and even years, suddenly increased by 0.9 percentage points relative to the same quarter of 2019 (more precisely from 11.4% in Q2 2019 to 12.3% in Q2 2020). Perhaps we were more surprised by the fact that the unemployment rate did not go up more drastically in the midst of a strict lockdown, various travel restrictions, and quarantine measu...
Rate this blog entry:
Continue reading
452
0 Comments
Write a Comment
Oct
05

COVID-19 Strikes Again: How the Pandemic is Affecting Georgia’s Energy Security

  Many of us well-remember the cold winter of 2006 when the Russian Federation cut its natural gas supply to Georgia. In general, it is clear that diversification in energy import markets reduces the risk of socio-economic shocks following political tensions with other countries. Fortunately, Georgia managed to find an alternative to the Russian supply and started importing gas from Azerbaijan. This blog will review the current gas import situation and discuss the expected trends in natural gas supply security. As Yergin (2006) notes, the primary fa...
Rate this blog entry:
Continue reading
335
0 Comments
Write a Comment

Our Partners