ISET Economist Blog

A blog about economics in the South Caucasus.

Everything You Wanted to Know About Your Electricity Bill

In the last week's Khachapuri Index column in The Financial we took a break from agriculture and focused instead on the energy sector of Georgia. While the bulk of khachapuri cost is related to home grown agricultural products, to actually cook khachapuri one has to use energy. And though the share of energy in the total cost is very low, less than 6% (15 tetri, if using gas; 16 – if using electrical oven), it does not make the sector any less interesting to discuss. Let us begin by stating the obvious: ever since we started our Khachapuri Index survey i...
Rate this blog entry:
Recent Comments
Guest — Michael
Is there any data on the absolute cost of Transmission & Distribution, and Generation & Supply, compared to other countries? How d... Read More
Wednesday, 04 July 2012 6:06 PM
Guest — Irakli
Yes, the data on absolute costs is available for some countries (Mainly for EU countries from Eurostat) and in vast majority of co... Read More
Wednesday, 04 July 2012 8:08 PM
Guest — Vano
Nice post! Describes in an easy ways the long way of electrons coming to our houses. Looking to the chart, one question comes to ... Read More
Thursday, 05 July 2012 11:11 PM
Continue reading
Write a Comment

The World's Tallest Skyscraper

From Eurasianet: The Azerbaijani developer Avesta plans to stick the 1,110-meter-high (about 3,642- feet-high) building on a chain of artificial islands off Azerbaijan's Caspian Sea shore. Completion date: by 2019. The tower -- named, not surprisingly, "Tower of Azerbaijan" -- is expected to house hotels and business centers. While it is unclear whether this project will ever be realized, it certainly shows that Azerbaijan has huge ambitions. Comparisons to Dubai come to mind, as a city with attention-grabbing architectural projects. More importantly, Du...
Rate this blog entry:
Recent comment in this post
Guest — Eric
Azerbaijan's production of carbon fuels is very close to reaching its peak (if it hasn't already reached the peak). The recent dis... Read More
Saturday, 11 February 2012 12:12 PM
Continue reading
1 Comment
Write a Comment

The Georgian Christmas tree

What would Christmas be without a Christmas tree? In Georgia, in Europe or anywhere else in the world. But little known to most Europeans, most trees sold in Europe can trace their origin to Georgia. It is the seeds of the Nordmann fir which are exported from Georgia to Christmas tree farms in Denmark, Germany and other countries. Why? The Nordmann firs from the mountain regions of Georgia are some of the finest in the world – what Bordeaux is for the wine world, Ambrolauri in Racha is for Christmas tree producers. Already in the 1960s Danish and Ge...
Rate this blog entry:
Recent Comments
Guest — stardust
Merry Christmas!May we all find peace and joy, kindness and good cheer this holiday season!
Sunday, 25 December 2011 1:01 AM
Guest — Eric
Merry Xmas, Michael! It took me 20min to read your post and type this short message using my brand new Kindle. I found it under a ... Read More
Sunday, 25 December 2011 3:03 PM
Guest — Giorgi Balakhashvili
Hello everyoneMy uncle is exporting the seeds of Abies Nordmanniana for 10-15 years. It is the only business at the moment that Ge... Read More
Thursday, 29 December 2011 8:08 PM
Continue reading
Write a Comment

Our Partners