ISET

ISET Economist Blog

A blog about economics in the South Caucasus.

A graduate of the Hebrew University in Jerusalem, Eric Livny has been living and working in Georgia since April 2007. Mr. Livny was the founding director and president of the International School of Economics at TSU (ISET) and the affiliated ISET Policy Institute over a decade, through July 2018. Prior to that, Eric held leading positions with the Moscow-based New Economic School (which he helped establish in 1992), and the Economics Education and Research Consortium. In 2000-2007, Mr. Livny served as the CIS representative of the Global Development Network (GDN), and led the GDN Bridging Research and Policy Project.
Eric’s policy research and consulting activities span a wide range of issues such as foreign direct investment (FDI), trade and national competitiveness, public private partnerships (PPPs) for economic development, inclusive growth, rural development and agricultural cooperation, economics of education, migration and labor markets, transport and economic geography.
Passionate about blogging and social media, Eric serves as editor-in-chief of, and is a frequent contributor to, the ISET Economist Blog, which he created together with other ISET faculty in 2011. Additionally, he is a columnist with Georgia Today, The Financial, and the Georgian Journal.
Eric was born in St.Petersburg (Russia) but grew up in Israel, where his family emigrated in 1977. He is married to Anna Sekowska Livny, and is the father of Katya, Jan, Natalie and Tal. Eric is fluent in English, Russian, and Hebrew. His Georgian language skills are fast improving.

Jul
01

Georgia's National Competitiveness

In the globalized world of today, increasing national competitiveness has become an important policy target for any country. While engaging in mutually beneficial trade, technological and cultural exchanges, countries find themselves in a race for scarce mobile resources such as financial capital and talent. Winning in this race are those locations that offer the best conditions for economic activity – skilled and disciplined labor force, high quality services and urban amenities, transparent and efficient public administration, etc. These locations – no...
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Jun
14

Khudoni and Georgia’s Energy Policy Dilemma: Go Green or Go Greedy

Khudoni, Georgia’s largest hydropower investment project, is again making the headlines.  According to a recent statement by Georgia’s Minister of Energy and Natural Resources Kakha Kaladze, the project will be put on hold at least until March 1, 2014. To give readers a bit of context, Khudoni’s planned capacity is in excess of 700 MW; its annual generation potential stands at about 1,5 TW/h, dwarfing other hydropower projects currently under MoUs with international investors. If built, Khudoni would be the second largest HPP in Georgia after Enguri...
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Jun
10

An Economist’s Comment on “Dodge or Die” on the Streets of Tbilisi

[“Dodge or Die” is a series of reports on the relationship between the pedestrian and the motorist in Georgia by Robert Linkous]. As Stephen Dowling put it in his BBC News article a few years ago, “when it comes to crossing the road, there's no such thing as an international standard. Every country does it differently.” How people drive and cross the road, according to Dowling, is a matter of a country’s cultural values. Is it really? Bad traffic habits are a grave problem in many cities around the world. Yet, while many have managed to largely solve the...
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May
31

A New Competition Law for Georgia: Much Ado About Nothing?

The mountain of promises to modify Georgia’s liberal labor code has recently produced a little mouse in the shape of a statement by Deputy Prime Minister Giorgi Margvelashvili who, according to GeorgiaNews.ge, “branded the new labor code project a “dream of Rosa Luxemburg”. GeorgiaNews.ge also knows to tell that “Prime Minister Bidzina Ivanishvili supported Education Minister Giorgi Margvelashvili’s position on the matter and thought employers should be the side to enjoy the government’s support “at this stage”. The Prime Minister added employees should ...
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