ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Sep
14

Labor Market Reform: Is the Glass Half Full or Half Empty?

On the 5th of August, a list of planned legislative amendments for regulating the functioning of the labor market passed their second reading in parliament. These amendments, which are also likely to pass their third and final reading in coming weeks, are expected to improve workers’ protection. Among the areas expected to see significant changes are: • maximum number of working hours; • mandatory weekly rest time; • breaks between shifts; • regulation of internships, part-time work, and nightshifts; • maternity/parental rights; • mandate and powers of t...
Rate this blog entry:
Continue reading
676
0 Comments
Write a Comment
Apr
22

An Egg Today? Or a Hen Tomorrow? Credit Regulations in Georgia

“We do not need people who will get credit to buy a refrigerator and TV, and end up in the black list” – Giorgi Kobulia, former Ministrer of Economy and Sustainable Development of Georgia “Long-term financial stability gains are always worth the short-term costs” – Koba Gvenetadze, Governor of the National Bank of Georgia Around two years ago, ISET-PI published a blog article on the problem of over-indebtedness in Georgia. The article stressed the idea that due to notably increased access to finances, an aggressive marketing campaign provided by financia...
Rate this blog entry:
Continue reading
1658
0 Comments
Write a Comment
Apr
19

Is Georgia on the Right Path to Reduce Massive Plastic Bag Usage?

  In October 2018, a new law came into force which prohibits producing, importing, and selling single-use bags thinner than 15 microns.1 The second wave of this reform was introduced in April 2019, and expanded to all forms of plastic bags. It is important to ask, why was it necessary to impose a restriction on plastic bags? What are the implications and the expected consequences of the ban? Plastic shopping bags are produced at a rate of one trillion a year and distributed at store checkout counters across the globe. More than two thirds created ar...
Rate this blog entry:
Recent comment in this post
Guest — Recyclingge
Plastic bags should be banned - necessarily
Friday, 03 May 2019 9:09 AM
Continue reading
1326
1 Comment
Write a Comment
Feb
04

We Don't Need No Regulation: On Georgia’s Dairy and Livestock Sector

  Dairy production in Georgia is a hot topic right now. Over the last couple of years, new state regulations have been adopted in this sector. The most widely discussed recent change in regulations prohibits the use of milk powder in cheese production. This regulation was adopted in 2015, but was amended in June of 2017 in order to better serve consumer interests. While defining terms such as “cheese”, “butter”, and “matsoni” is definitely a step forward, the execution of this technical regulation is associated with many challenges, and Georgian con...
Rate this blog entry:
Recent Comments
Simon Appleby
Australia has regulations on minimum weights of cattle and sheep to be exported by sea, because juvenile animals at low body weigh... Read More
Wednesday, 06 February 2019 1:01 PM
Salome Gelashvili
Dear Simon, Thank you for your comment. I think Australias experience with sheep slaughtering facilities is very interesting one w... Read More
Thursday, 07 February 2019 11:11 AM
Simon Appleby
HACCP is a good start, but discerning importers these days usually look for ISO22000. Halal certification is also important. I am ... Read More
Thursday, 07 February 2019 12:12 PM
Continue reading
1852
3 Comments
Write a Comment

Our Partners