“Rtveli 2020” – a traditional vintage and rural harvest holiday in Georgia accompanied by feasts, musical events and other celebrations started on August 26. This year, the Government of Georgia (GoG) is subsidizing the grape harvest to support growers in selling their products. 0.3 GEL of the total 0.8 GEL per kg of Rkatsiteli or Kakhuri Mtsvane is subsidized. In the case of extreme necessity, the GoG will be involved in the purchase of grapes as well. Supporting the wine sector is part of the anti-crisis plan to handle the economic challenges caused by...
ISET Economist Blog
A blog about economics in the South Caucasus.
Oct
12
Dec
25
This summer I bought a small piece of land (0.15ha) in the village of Okhureshi to grow a vineyard. About 700 “Usakhelauri” vine seedlings planted on that land in November this year will soon provide the most scarce and expensive grapes in Georgia. In just in a couple of years the vines will mature, and I will enjoy something as nice as the neighboring vineyard depicted in the photo.
NO NAME…
Usakhelauri is an ancient red-wine grape variety unique to Georgia. The grapes are cultivated in just a couple of villages in the Lechkhumi region (West Geor...
Recent Comments
Lets hope that somebody is willing to pay such extraordinarily high prices for the wine you grow!
Wednesday, 03 January 2018 3:03 PM
All my life I’ve avoided Europe and it’s multitudes of terribleness, but it turns out, much to my surprise there is actually one p... Read More
Tuesday, 13 November 2018 5:05 AM
Oct
22
Back in ancient times, the moon was the center of everybody’s attention. People worshipped the moon and believed that it had mystical powers. Since then, the lunar effect on human mood and behavior has been an issue for psychological and astrological research. Surprisingly, many economic papers are also concerned about the influence of the lunar phases on stock returns. Yuan et al. (2006) found that stock returns (defined as the change in the value of a stock market index) are higher during the new moon period than during the full moon period. This ...
Feb
15
Ancient Greeks’ fascination with Georgia was not limited to the Golden Fleece. Legend has it that ‘Georgia’ comes from the Greek γεωργός (Georgios), reflecting the advanced land plowing practices of Georgian tribes, which distinguished them from their nomadic and yet unsettled neighbors. The Georgians (Colchians and Iberians, to be more precise) must have really made a formidable impression on the Argonauts to deserve such a recognition.
Fast forward to the 21st century. According to the CIA World Factbook, Georgian agriculture employs a mind-blowingly h...
Recent Comments
interesting, thanks for sharing. I think the Internet makes it a bit easier for young people to stay out in the countryside, becau... Read More
Monday, 15 February 2016 4:04 PM
I was positively surprised when Baia mentioned 'nudge' – referring to Richard Thaler and Cass Sunstein’s New York Times bestseller... Read More
Tuesday, 16 February 2016 8:08 AM
Nice piece, thanks for sharing
Tuesday, 16 February 2016 8:08 AM
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