ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Apr
22

Sex Ratio at Birth: is the South Caucasus Heading the Way of China?

This year, approximately 113 baby boys are born in China for every 100 baby girls; 112 boys per 100 girls in India, 111 in Vietnam. The looming social crisis stemming from the significant gender imbalance in the countries of East and Southeast Asia has been in the media spotlight for a long time. Unfortunately, the problem of gender imbalance is not confined to Asia. According to the UN database, between 2005 and 2010, Azerbaijan, Armenia and Georgia held second, third and fourth place in the world after China in gender imbalance statistics. The ratio o...
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Apr
20

World of EconoBlogs

Another Friday – another post full of interesting links for our readers! 1.  Our own Michael Fuenfzig suggests visiting Investor.ge, not least for these two contributions from our ISET colleagues – Monica Ellena and Michael himself. 2.  Ever wonder who has the most natural resources in the world? Here’s the answer. Not quite surprising, is it? 3.  If you live in a poor country, let it at least be sunny – that’s what this story about solar energy teaches us. Oh, if Georgian readers are interested in how much an average resident of Manhatt...
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Apr
14

World of EconoBlogs

It’s Good Friday (well, chronologically second, orthodox installment of it anyway) and more econolinks are on the way. 1.  Let’s start with Nick Rowe aka Worthwhile Canadian Initiative, teaching inflation targeting with ISLM. I must say I really like his style. 2.  A couple of links from Michael Fuenfzieg: a. First the Atlantic Cities declare Tbilisi to be the next big foodie city. Anyone who has eaten here can certainly attest to that. And I certainly agree that Tekuna Gachechiladze is the one to watch, her Georgian Fusion (Mandari) restauran...
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Apr
06

World of EconoBlogs

We should rename Friday to Econlinksday – at least on the ISET blog. So here are the links:  1.  Nick Rowe, aka Worthwhile Canadian Initiative continues offering some unorthodox views. This time it’s inflation targeting vs. gold standard. 2.  The Economist’s Free Exchange blog discusses whether the ECB’s response to crisis has been adequate. 3.  The American Interest describes a(n almost) paradise that is export-oriented America. 4.  GOOD walks us through the recent economic developments in the US (use left-right arrows to nav...
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Apr
03

Middle class, safety nets and social contracts: on the road to development

I was happy to see that my blog post “Who needs a safety net?” stimulated a lively debate, which was exactly its purpose. However, so many points have been raised that I have decided to write a new post on the topic rather than answering to each one of them separately. Johannes Jütting (Head of the Poverty Reduction section at the OECD Development Center in Paris) argues in an article recently published by The Georgian Times in its online version that “rising inequality, lack of civic participation, political apathy, and a dearth of good jobs, particular...
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