ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
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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Nov
16

Tbilisi: a Growing City with Growing Needs

  Until 2014, the population of Tbilisi remained more or less constant, even slightly decreasing at the same rate as the population of the country as a whole. Since 2014, though, there has been a marked migration to the capital as seen in the graph below. A similar trend is observed all over the world.  On average, a little over half of the global population currently lives in cities and, according to a recent report by the UN, that figure is expected to increase to 66 percent by 2050.1 Georgia is almost there: taken together, the country’s 7 l...
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Feb
10

Tusheti Community Network Drives Development into the High Mountainous Regions of Georgia

  Back in 2005, as there was no mobile coverage, my uncle drove dozens of kilometers to the Jvarboseli village in Tusheti to inform me that I had enrolled in university. Now, in 2020, there is still no mobile signal in most Tusheti villages, including Jvarboseli, however people can use broadband internet to reach out the world! Previously known only for its sheep farming and tasty Guda cheese, today Tusheti is also a famous touristic destination; while being home to one of the largest protected areas in Europe, covering three types of IUCN protected...
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Nov
07

“Friendship Bridge” – For or Against Gravitation?

The official visit of the Armenian President last week was concluded by a splashy announcement that the building of the “Friendship Bridge,” a new infrastructure project approved by the Georgian and Armenian Governments in late 2014, will start construction in 2017, and will be completed in under two years. The Georgian Prime Minister and the Armenian President have reportedly discussed a range of other opportunities to deepen economic and trade relationship between the two countries and support business community engagement in this process. This excitem...
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