A fascinating mountain region at the border to Chechnya, Khevsureti is quite isolated. According to a 2006 report by the Regional Environmental Centre for the Caucasus, annual household incomes in the Shatili district of Khevsureti are:
70-80 kg of melted butter, half of which is family consumed and half sold. Income is 175 – 200 Euro (2.5 Euro per kg.).
600-800 kg of cheese, 70-80 kg of which is family consumed and the rest sold (2 Euro per kg). Income is approximately 1400 Euro.
Cattle is also sold (cows, calves). Income is 1500 - 2000 Euro.
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ISET Economist Blog
A blog about economics in the South Caucasus.
Nov
20
Nov
19
Judging by the number of foreigners entering Georgia since 2004, tourism expanded at a breathtaking average pace of 32% a year, nearly doubling every three years. A simple extrapolation suggests that in four more years, by 2015, Georgia may be receiving more than 5mln tourists per year. Is this a realistic estimate? Would it be a blessing or a curse (in disguise)?
The growth in the number of visitors far outstripped the pace of investment in the tourism infrastructure, driving prices up and negatively affecting the quality of services. Thus, the ...
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