October 27, 2013 heralded a new era in the Georgian politics. The year of power sharing between the two main rival political forces, the so-called “era of cohabitation”, has officially ended, and we can now start to look back and take the stock of how the political developments in the country affected economic growth.
In two articles that we publish today and in the next week, we will aim to provide an overview of some specific trends. We will first look at the general economic trends in the year between the parliamentary and the presidential elections (...
ISET Economist Blog
A blog about economics in the South Caucasus.
Nov
10
Oct
11
In the first part of our article we pointed out that electricity generation by hydropower is subject to strong seasonal variations. We argued that the seasonality of hydropower reduces the profitability of new plants, as they deliver the highest output in the time of the year when electricity is relatively cheap anyway, while they produce rather little when electricity is expensive.
There are other problems why the potential of additional hydro power plants to solve Georgia’s energy problem are limited.
Chart 4 shows a simple projection for 2020: The pro...
Oct
04
In our two-part article we discuss how combining wind and hydropower can help the Republic of Georgia to achieve energy independence and become a net energy exporter.
OVERVIEW
Due to the geomorphological characteristics of its territory and to its geographical location, the Republic of Georgia is rich in hydro resources. According to the Georgian Ministry of Energy and Natural Resources, so far Georgia has been exploiting only about 20% of its hydro resource potential.
Since 2006 the Georgian government has been planning to utilize these resources to not...
Jul
29
Recently, the Georgian authorities cracked down on Nigerian students who allegedly did not really study but used their student visas for getting access to the Georgian labor market. Yet their residence permits were withdrawn without proper verification that this suspicion was actually true. We know of a young Nigerian woman who, according to her university instructors, was studying at UG fully seriously. After three years of studies, shortly before acquiring her degree, her visa extension was denied and she had not alternative but to return to Nigeria.
T...
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