ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Feb
11

Is Lari Hitting Our Dinner Tables?

“The Arab Spring was a revolution of the hungry.” So stated The Boston Globe’s journalist Thanassis Cambanis in his 2011 article claiming that in countries where access to food was an issue, “hitting the dinner table” is not a good idea. In order to demonstrate the importance of food prices, he went even further, and reminded his readers that when food price inflation in Egypt reached almost 19%, the president of the country had to resign. Food price spikes like the grain price spike in 2007-2008 or some other shocks like currency depreciation, can lead ...
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Jan
14

How Can We Revitalize the Struggling Georgian Agricultural Sector?

LEFT BEHIND Between 1990 and 1994, the Georgian economy experienced one of the sharpest declines in economic activity in recent history, with GDP per capita falling by more than 70 percent. Since then, however, especially after 2003, it has been growing quite fast, with the Georgian GDP per capita overtaking the 1990 level in 2013. However, the Georgian agricultural sector, in the same period, has been characterized by a quite different trend, as shown in Figure 1. Figure 1. GDP Per Capita and Agriculture Value Added as a Share of GDP During the crisis ...
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Dec
24

How to Transform Georgian Agriculture – With Twitter

  Farmers can be much more effective if they have up-to-date information, on prices, practices and weather. With mobile phones and mobile Internet they can get this information when, where and how they need it. The promise of the Internet for agriculture has been a popular idea, and in Georgia, too, policymakers and donors have begun to explore the options. Some pilot projects seek to program specific platforms for farmers, in order to inform and engage them. What many of these attempts may have overlooked is that the best tool is already available...
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Dec
17

Two Heads – One Public, One Private – Are Better Than One

Back in October 2015, a team of ISET researchers visited Charity House Catharsis to donate food on World Food Day, celebrated around the globe on October 16th. Catharsis was founded in 1990 and provides daily dinner to 310 elderly in need. Although the major function of the charity house is to provide food, Catharsis also offers other services like medical assistance, a relaxation room, chapel, rehabilitation hall, library and café. According to Elene Cucqiridze, one of the managers of Catharsis, the NGO a joint effort of government and the private secto...
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Nov
26

Professionals for Georgian Agriculture

  Recently, the ISET Economist Blog wrote about the cooperative “Shamatia.” Their strawberry seedlings started to fade soon after planting. The cooperative consulted with different experts in the country to find the reason, and the solution for the problem, without success. Only after sending sample seedlings abroad was the cause of the problem revealed. In the meantime, however, the cooperative experienced losses of 15,000 GEL. Such cases are not rare in Georgian agriculture. Recent value chain studies conducted by the ISET Policy Institute indica...
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