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ISET Economist Blog

A blog about economics in the South Caucasus.
Mar
09

Agriculture in Georgia: Are There Any Real Changes in the Sector?

After years of negligence, from 2012 onwards, Georgian agriculture returned to the spotlight. State funding for the sector grew from 85 mln. GEL in 2011 to more than 200 mln. GEL in the consecutive years, and up to 293 mln. GEL in 2020. The state launched more than ten agricultural support programs and established a separate agency, the Agricultural Projects Management Agency (APMA), in 2013 for their management. Those engaged in agriculture obviously welcome the increased state support to the sector, however many now question the results. The various ou...
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Feb
27

Making Sense of FDI Dynamics

Foreign direct investment (FDI) is critical to every developing county, and Georgia is no exception in this regard. Georgia wants to grow out of poverty and catch up with the economically more developed regions of the world – for this to happen, foreign resources are needed, in particular if the domestic savings rate is as low as in Georgia. Yet FDI is not only about the capital which is made available to the economy but also, and even more importantly, about trust foreigners have into the Georgian economy. It is one thing to make cheerful statements abo...
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Guest — RT
> Georgia counted profits generated by foreign-owned companies that were left within Georgia as FDI.That seems to be the correct w... Read More
Monday, 02 March 2015 7:07 PM
Guest — Mathias
Given your analysis, should we for the time being largely ignore FDI data as a relevant indicator for how Georgia is doing? A few ... Read More
Friday, 27 February 2015 2:02 PM
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