GLOBAL VALUE CHAINS AND THE CHANGING NATURE OF COMPARATIVE ADVANTAGE
We live in the world where production of a single good typically involves manufacturing inputs from many different countries around the globe. For example, a typical iPhone production takes place in as many as 7 countries, including USA, Mongolia, Japan, Korea, Taiwan, China and even Switzerland. This is what is known to economists as global value chains (GVC). The emergence of GVC more than two decades ago transformed the way economists think about countries’ comparative advanta...
ISET Economist Blog
A blog about economics in the South Caucasus.
Mar
17
Dec
03
Mountains cover 54% of Georgia’s territory. People living in those areas represent the most vulnerable group of Georgian society. Land erosion and climate change are prevalent in the mountains; unsustainable use of natural resources (forests in particular) and limited access to infrastructure pose significant risks to the lives of people there.
In order to ensure the inclusive and sustainable development of the mountainous regions, the Georgian Government adopted the Law on the Development of Mountainous Regions in 2015. A bit later, in 2018, the ...
Apr
11
Nino Kakulia was born in Samtredia on 15 October 1991, in the last days of the Georgian Soviet Socialist Republic. By the time Nino and independent Georgia were celebrating their 13th birthdays, the Georgian government embarked on a series of long overdue reforms, one of which was about cleansing the country’s higher education system from corruption.
This was undoubtedly an excellent and timely reform for Nino, an ambitious student in Samtredia’s school. Until then, to get admitted into a public university, Nino or, rather, her family, would have h...
Recent Comments
The article is very idealistic, not to say romantic, about young people’s desire to acquire EDUCATION. I do not doubt that there a... Read More
Monday, 11 April 2016 7:07 AM
Nino is certainly a romantic idealist, but I dont think there is anything idealist or romantic about the article. I dont claim tha... Read More
Monday, 11 April 2016 10:10 AM
I got your point. Critical thinking should indeed be encouraged in Georgian schools, that is also my impression, even if the stude... Read More
Monday, 11 April 2016 10:10 AM
Apr
01
April 1, 2015
A little-known experiment launched in 2009 is about to revolutionize Georgia’s countryside. “Teach for Georgia (TG)” [1] is a small program administered by the National Center for Teachers’ Professional Development, seeking to stream new blood into the public education system. With a tiny annual budget of 212,000 GEL, TG was initially conceived as a publically funded “startup”, an attempt to think and act out-of-the box. Though starting small and mainly focusing on schools in remote mountain communities, TG has always been seen as potential...
Recent Comments
Great, where do I sign up?.... But I am worried - what if I spend a year in the mountains and still can't redefine my purpose in l... Read More
Thursday, 02 April 2015 12:12 AM
I fully agree with the message of the article -- radical, groundbreaking reforms are needed in Georgia's school system.The specifi... Read More
Thursday, 02 April 2015 5:05 PM
Our Partners
