GOING UP … OR DOWN?
I was 13 when my family took the fateful decision to make ‘Aliyah’ to Israel back in 1977. ‘Aliyah’ (the act of going up in Hebrew) is a nice term describing Jewish ‘repatriation’ from the Diaspora (St. Petersburg, in my case) to the Holy Land. Etymologically, ‘Aliya’ originates in the ancient Israelite tradition of annual ‘pilgrimage tours’ to Jerusalem (situated almost 1km above sea level). Yet, there was very little ‘going up’ in the social status of my family during the first five years in Israel.
My parents took more than t...
ISET Economist Blog
A blog about economics in the South Caucasus.
Mar
07
Feb
22
Just like Duddy Kravitz, Georgian men (and women) appear to be reluctant to part with their parcels of land, however small and unproductive. Whatever the reason, Georgia sees almost no structural change out of agriculture, and, as a result, very low productivity and income growth for the poorest strata of its population. As of today, employment (or, rather, under-employment) in agriculture is a staggering 45% of Georgia’s total labor force.
As we have written on these pages, the notion that too many Georgians are ‘stuck in agriculture’ was a k...
Feb
15
Ancient Greeks’ fascination with Georgia was not limited to the Golden Fleece. Legend has it that ‘Georgia’ comes from the Greek γεωργός (Georgios), reflecting the advanced land plowing practices of Georgian tribes, which distinguished them from their nomadic and yet unsettled neighbors. The Georgians (Colchians and Iberians, to be more precise) must have really made a formidable impression on the Argonauts to deserve such a recognition.
Fast forward to the 21st century. According to the CIA World Factbook, Georgian agriculture employs a mind-blowingly h...
Feb
08
There is a lot of affinity among Estonia and Georgia, two tiny nations for centuries caught between the Russian rock and the German or Ottoman/Persian hard place. Common fate may be, indeed, the reason for Georgia’s topping the list of Estonian development cooperation priorities. Georgia is the largest recipient of Estonia’s bilateral aid, most of which is about sharing the Estonian experience of establishing itself as a new European democracy and a unique place to do business.
Uniqueness is a huge asset for small countries trying to carve out their nich...
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