"You mean there's a catch?""Sure there's a catch", Doc Daneeka replied. "Catch-22. Anyone who [claims he is crazy because he] wants to get out of combat duty isn't really crazy."Joseph Heller, Catch 22 Пока гром не грянет, мужик не перекрестится.Русская народная пословица
The Georgian wine industry had a couple of very good years in 2013 and 2014, following the opening of the Russian market. Exports skyrocketed, prices of grapes followed suit. For all the talk about diversification, within just two years, Russia’s share in the total exports o...
ISET Economist Blog
A blog about economics in the South Caucasus.
Oct
03
Sep
11
“The lion's whelps are equal be they male or female” – Shota Rustaveli
Giving women voice in company management may prove beneficial for performance. For instance, according to an influential Catalyst report, The Bottom Line: Corporate Performance and Women’s Representation on Boards, “companies that achieve [gender] diversity and manage it well attain better financial results, on average, than other companies.” In particular, they find that firms with the most women board directors outperform those with the least on such indicator...
Jul
17
The first tea bushes appeared in Western Georgia in 1847, and since then tea production has played a significant, yet widely unknown, role in Georgia’s history. The humid and subtropical climate of Western Georgia in the regions of Guria, Samegrelo, Adjara, Imereti and Abkhazia are ideal for harvesting tea, and this was a fact eventually recognized by businessmen outside Georgia. With a commission to produce tea in the country, Lao Jin Jao, an experienced tea farmer, arrived from China in 1893. By 1900, the tea he was producing was world-class in quality...
Apr
06
The Estonian-Georgian film, Tangerines, was nominated for the Academy Award for Best Foreign Language Film in 2014. While the film was shot in Guria, the story takes place in Georgia’s breakaway region of Abkhazia during the war in the early 1990s.
In the film, two of the main characters are peasants from Estonia who are living and working in Abkhazia, one as a tangerine grower and the other as a manufacturer of wooden crates for transporting tangerines to markets (much like the one in the photo above). Unlike their families and neighbors, these two men ...
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