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ISET Economist Blog

A blog about economics in the South Caucasus financed within the institutional grant by the Government of Sweden.
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  • Tinatin Akhvlediani
  • Giorgi Nebulishvili
  • Elene Kvanchilashvili
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  • Adam Pellillo
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  • Maya Grigolia
  • Lasha Lanchava
  • Nino Doghonadze
  • Mariam Zaldastanishvili
  • Zurab Abramishvili
  • Gigla Mikautadze
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  • Florian Biermann
  • Irakli Shalikashvili
  • Olga Azhgibetseva
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  • Eric Livny
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  • Laura Manukyan
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  • Lika Goderdzishvili
  • Selam Petersson
  • Sophiko Skhirtladze
  • Irakli Kochlamazashvili
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  • Gocha Kardava
  • Rati Porchkhidze
  • Lasha Labadze
  • Muhammad Asali
  • Karine Torosyan
  • Levan Tevdoradze
  • Mariam Katsadze
  • Ana Burduli
  • Davit Keshelava
  • Giorgi Mzhavanadze
  • Elene Seturidze
  • Tamta Maridashvili
  • Mariam Tsulukidze
  • Erekle Shubitidze
  • Guram Lobzhanidze
  • Mariam Lobjanidze
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  • Maka Chitanava
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Is Climate Change Threatening Winter Tourism in Georgia? – Part 2 – Adaptation Measures
Georgian winter resorts have finally started their long-awaited season in February 2020, after a month and a half of poor snow. In our previous blog, we discussed the possible climate change development scenarios over the rest of the century and revealed the need for better understanding and implementation of adaptation measures. However, more still needs to be said about the expected effects of climate change on the economic viability of resorts and their possible adaptation strategies.
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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 to the world!
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Is Climate Change Threatening Georgian Winter Tourism? – Part 1
This year the winter season started later than usual in nearly all Georgian ski resorts (except Goderdzi) due to a lack of snow. Given the heated international discussions on climate change and global warming in recent years, the lack of snow in Georgian ski resorts has raised questions concerning the future economic viability of winter tourism in the country. This is hardly an unexpected development as even the World Tourism Organization recognizes that mountain tourism is especially vulnerable to the impacts of climate change (UNWTO, 2015).
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Recent Monetary Policy Measures and Lending Regulations — the Effect on Georgian Lending Patterns
High and rising levels of foreign currency indebtedness have been an important topic in Georgia over the past several years. To address this issue and protect borrowers from currency risks, the National Bank of Georgia (NBG), as well as the Georgian Government have implemented regulations to hinder excess indebtedness. Let’s have a look at the timeline (Figure 1) of recent lending regulations and the accompanying monetary policy measures and observe their impact on changing lending patterns in the Georgian economy.
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Earth Is not Cool, It Is Getting Hotter!!!
Three main economic sectors contributing to climate change are: energy (61%), transport (20.1%), and agriculture (8.5%). Interestingly, 25% of human-induced greenhouse gas (GHG) emissions are caused by agriculture, forestry, and the change of land use. Within agriculture, the major contributor is the livestock sector, accounting for 44% of human-induced methane (CH4), 53% of nitrous oxide (N2O), and 5% of carbon dioxide (CO2) emissions.
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Making a Break-Through in Gender Equality Will Not Be Easy – That’s Why Evidence-Based Approaches to Policy Should Be Taken Seriously
On November 15-16, 2019, FREE Network and ISET Policy Institute organized and conducted an international gender economics conference in Tbilisi, Georgia1. The conference brought together researchers, policy-makers, and the broader development community to discuss obstacles to gender equality and women’s economic empowerment, and policies to remove the existing constraints, focusing on Eastern Europe and Emerging Economies.
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