ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Jun
02

World of EconoBlogs

Another Friday – and a slightly overdue post with the news from all around econoblog-world. Some of my favourite bloggers seem to have taken a hiatus – hence the somewhat short post today. 1.  Let’s start with some description of future events, were the Greece to leave the Euro. 2.  And talking of the devil – a survivor’s guide for the end of the Euro itself, from the Baseline Scenario. 3.  The Economist’s Free Exchange blog has a nice post on the “Facebook economy”. 4.  And the same blog has a long but very interesting discussion ...
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May
11

World of EconoBlogs

Another Friday – another post with interesting links on economics. 1.  Let’s keep the tradition and start with a link from Michael Fuenfzig – property rights and internal migration in Russia. 2.  Economics Blog tells us how austerity could be self-defeating. 3.  For any Star War fans out there – was Death Star really worth all the fuss? 4.  From The Atlantic – how being kidnapped by pirates is just something from game theory. 5.  Noah Smith has an interesting post on the essence of financial crisis. 6.  Again from Noah ...
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May
04

World of EconoBlogs

It’s Friday – best day of the week and day of best links from around the world of econobloggers! 1.  Let’s keep the tradition and start with two links from Michael Fuenfzig. First – a small post on identity in Georgia. 2.  And second – projects like Lazika seem to gain popularity in the world. And this post argues that it’s not finances, that the developed countries should provide to such projects. (And also have a look at Michael’s last week post on our blog). 3.  Calculated Risk blog has some nice graphs on US population distribution b...
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Apr
27

World of EconoBlogs

Another Friday – another post full of interesting links for our readers! 1.  A good tradition is to start with links from Michael Fuenfzig – today we have two of them. First, a well-known North Korea specialist Andrei Lankov talks on the evolution of the personal income in DPRK. 2.  And second, NY Times reports a new problem in Zimbabwe – no pocket change. 3.  Interesting fact from Mark Perry for those who think that American manufacture is in decline. Impressive, though not very flattering for Russia and Canada. 4.  From him again...
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Apr
24

The "Over-Education" Trap

In recent years, many countries in Europe and the former Soviet Union have seen an explosion in university enrollment. During approximately 10 years (from 1999 until 2010) higher education enrollment increased by 64% in Central and Eastern Europe, 27% in Central Asia and South Caucasus, and 19% in Western Europe and North America (see UNESCO).     1999-2005 2005-2010 1999-2010 Low enrollment  level in 1999  (below 30$) Country ...
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