ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Jan
24

Earth Is not Cool, It Is Getting Hotter!!!

Did you know that: • the 20 warmest years on record have been in the past 22 years? • average wildlife populations have dropped by 60% in just over 40 years (60% between 1970 and 2014)? • every year, nearly 1 million hectares (larger than New York City) of coastal ecosystems are destroyed? • in the past 20 years, 4.2 billion people have been affected by weather-related disasters, including a significant loss of lives? These and other broader changes such as rising sea levels, accelerating ice melt, shifting seasons, etc.  occurring on earth are...
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Jan
17

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. The conference’s opening remarks were offered by two prominent keynote speakers: Dr. Caren Grown, Senior Director for Gender at the W...
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Jan
10

The Paths Towards Inclusive Economic Growth in Georgia

INTRODUCTION1 The economic policies of successive Georgian governments have arguably lacked cohesive direction when it comes to inclusive growth. There still remains an open question of whether the overall goal has been to pull people from agriculture or to leave them where they are, while pushing productivity up via, for instance, funding the development of cooperatives or clusters. Concurrently, the state also has introduced industrial policies, like establishing SME support agencies that operate under the auspices of different ministries. Trying a lit...
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Dec
30

Food Prices are on Fire

In November 2019, prices for food and non-alcoholic beverages, as measured by the Food Price Index (FPI), drastically increased by 13.4% compared to November 2018 and contributed 4.02 percentage points to the change in the total Consumer Price Index (CPI). In recent months, annual food inflation marked at its highest level since August 2011 (Figure 1).1 Figure 1: Annual Food Price Inflation (January 2010-November 2019) Prices increased for all sub-categories of food and non-alcoholic beverages. The largest price increases were observed for fruits and gr...
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Dec
27

Has Georgia Solved its “Missing Girls” Problem?

Son Preference refers to an attitude founded on the belief that girls are inadequate and of lesser value than boys (Indo-Canadian Women’s Association).   Gender Biased Sex Selection (GBSS) can occur (a) before a pregnancy, (b) prenatally or (c) following birth (by neglect). The most common way of GBSS involves two steps: (1) determination the sex of a fetus using ultrasound technologies and (2) choosing whether or not to undertake or continue a pregnancy ba...
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Dec
18

The Role of Circular Labor Migration in Reducing Unemployment: How Ambitious Should it Be?

The topic of circular labor migration has recently received increased attention within the objective of reducing unemployment in Georgia. Circular migration Schemes (CMS) are widely recognized policy tools for reducing illegal migration and facilitating the return of emigrants to their countries of origin. The Georgian government’s increased interest and efforts to develop circular migration deals with EU member states serve, on the one hand, the long-term objective of addressing high level of unemployment, and, on the other hand, to reduce illegal, and ...
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