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ISET Economist Blog

A blog about economics in the South Caucasus.
Nov
16

Less Bureaucracy Is Good, But Not Good Enough!

“Why do we fall, Bruce? So we can learn to pick ourselves up” – Thomas Wayne to his son (Batman).   The Georgian Government’s pride and joy of the previous years has been its high standing in the World Bank’s Ease of Doing Business index. Investors, policymakers, and economy-watchers around the world have opened editions of magazines like The Economist to see full-page advertisements about why Georgia is ‘different’ among Post-Soviet countries when it comes to doing business. A line such as “Georgia is different because we are the World Bank’s ...
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Nov
14

Tax Inspection With A Human Face?

Apostle Matthew was a tax collector in Galilee -- perhaps the most hated occupation in the ancient world.By quitting his job and deciding to follow Jesus, Mathew accomplished one the greatest transformations possible in a person’s life. Modern tax inspectors are certainly not expected to follow Jesus. However, by following insights from behavioral economics, they may gain in respect and social status while also improving tax collection, in Georgia and elsewhere around the world. As discussed in our previous article, Georgia’s tax administr...
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Nov
07

Georgian Tea: Finding New Strength in Unity?

After many years of chaos and utter collapse, Georgia’s once glorious tea industry is again showing signs of life. More and more individual farmers and businesses – mostly very small, but some quite ambitious, such as Geoplant (known for its “Gurieli” brand) – grow, process and pack tea. Despite competition from major producing countries and international brands, Georgian tea has great export potential because of the value attached to it all over the former Soviet Union.  While the potential is clearly there, it is not at all clear what strategy sho...
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Oct
31

In Search of Light in the Hearts of Delinquent Juveniles

Tea Lobjanidze, an education specialist and writer, works at the Avchala juvenile prison. She is a member of the Education and Management Team (EMT), a group of professionals committed to formal and informal education of children. In an interview she gave to ISET-PI’s Lasha Lanchava, Ms. Lobjanidze tells about the realities faced by Georgia’s at-risk youths and her vision of how Georgia can improve the lot of its children. Lasha Lanchava:  Dear Tea, we would like to thank you very much for finding the time to share your experience with us. We believ...
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