ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Mar
02

World of EconoBlogs

This will be the first of weekly briefs - a summary of interesting posts on different economic blogs. Readers are welcome to suggest their favorite economic blogs or send links to interesting posts they have recently read. 1. Art of economic complexity  by Tim Harford on his excellent blog (a highlight) and also on NY Times shows us the new way of visualizing the difference between national economies. 2. Lucy Kellaway at Financial Times calls to ban the Power Point (you might need to register for free in order to read the article) – the h...
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Dec
21

Who needs a safety net?

One of the definitions of a safety net that one can find on the internet is the following: “a net placed to catch an acrobat or similar performer in case of a fall”. This brings to my mind images of thrilling performances I saw at the circus when I was a child. I have to admit in most cases a safety net was used. It was only removed on some rare occasions, and the increased tension became palpable. We knew that only the best acrobats could dare perform in those conditions because even a slight mistake or distraction could lead to disastrous conseque...
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Dec
19

Small Country, Big Ambitions

From the new issue of Investor, on Georgian film productions:  "It is not easy to cover the expenses of the film with the small number of screens that are in Georgia. The market is limited and the number of screens is also limited," he said. "If you want to make a Georgian film commercially successful, you have to expand this market, you have to go outside...either to Russia or international." There was certainly no shortage of talented Georgians who made it in the Soviet Union, or later in Russia. While we can safely assume that today there are sti...
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Nov
17

Sorry, where is the contemporary art museum?

From Eurasianet: According to Ivanishvili, who made his $5.5 billion fortune in the Russian banking and metals industries, such headline-grabbing purchases were part of a calculated business strategy -- opening a world-class art museum in the Georgian capital, Tbilisi, that can do battle with New York City’s Solomon R. Guggenheim museum and other prominent modern art centers. "This all started because I thought about what I can do for the country, for tourism, to rejuvenate Georgia," Ivanishvili said during an interview with EurasiaNet.org. Some “one, tw...
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