Another Friday – another post full of interesting links for our readers!
1. Our own Michael Fuenfzig suggests visiting Investor.ge, not least for these two contributions from our ISET colleagues – Monica Ellena and Michael himself. 2. Ever wonder who has the most natural resources in the world? Here’s the answer. Not quite surprising, is it? 3. If you live in a poor country, let it at least be sunny – that’s what this story about solar energy teaches us. Oh, if Georgian readers are interested in how much an average resident of Manhatt...
ISET Economist Blog
A blog about economics in the South Caucasus.
Apr
20
Apr
19
Anyone who has seen an old American classic “Best Years of Our Lives” (1946) probably remembers the scene where one of the protagonists, Al Stephenson, a banker who just returned from war in the Pacific, tells his incredulous colleagues: “Our bank is alive. It’s generous. It’s human. We are going to have such a line of customers seeking – and getting - small loans, that people may think we are gambling with the depositors’ money. And we will be. We will be gambling on the future of this country”
This speech neatly summed up the prevailing mood of the pos...
Apr
17
I have just heard that the French retail giant Carrefour is entering Georgia. This is good news. Carrefour is the master or combining low prices with the high (or at least decent) quality. It is also an inventor of hypermarket concept. Good quality price ratio and convenience are things the Georgian consumer is craving for.
But there is much more to this fact than pure benefit for the Georgian customer. As the worlds second largest retailer, after Walmart, Carrefour commands the supply chain that circles the globe. For example, my milk, as Carrefour cust...
Apr
14
It’s Good Friday (well, chronologically second, orthodox installment of it anyway) and more econolinks are on the way.
1. Let’s start with Nick Rowe aka Worthwhile Canadian Initiative, teaching inflation targeting with ISLM. I must say I really like his style. 2. A couple of links from Michael Fuenfzieg:
a. First the Atlantic Cities declare Tbilisi to be the next big foodie city. Anyone who has eaten here can certainly attest to that. And I certainly agree that Tekuna Gachechiladze is the one to watch, her Georgian Fusion (Mandari) restauran...
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