Back in October 2015, a team of ISET researchers visited Charity House Catharsis to donate food on World Food Day, celebrated around the globe on October 16th. Catharsis was founded in 1990 and provides daily dinner to 310 elderly in need. Although the major function of the charity house is to provide food, Catharsis also offers other services like medical assistance, a relaxation room, chapel, rehabilitation hall, library and café.
According to Elene Cucqiridze, one of the managers of Catharsis, the NGO a joint effort of government and the private secto...
ISET Economist Blog
A blog about economics in the South Caucasus.
Dec
17
Dec
13
Citizens of Georgia’s capital recently witnessed the luxurious Biltmore Hotel Tbilisi grand opening. A $140 million investment by the Dhabi Group supplied the market with 214 luxury rooms and suits. The $2 million opening, huge building and central location (right on Rustaveli Avenue) made the appearance of this hotel on the market very noticeable. However, with much less lavish ceremonies, in total 37 hotels were opened in Georgia just this year, as reported by the Georgian National Tourism Agency (GNTA), which amounts to an additional 1,472...
Dec
10
In recent years, a tendency on the part of different authorities to consolidate has been noted worldwide. Competition agencies are merging with consumer protection agencies and/or regulators in order to establish more effective and less expensive public systems. Accordingly, since the first roundtable meeting on the optimal design of a competition agency, held in February 2003, OECD has organized two more roundtables concerning changes in institutional design of competition authorities in less than one year – one in December 2014, and one in June 2015.
A...
Dec
05
“The road to hell is paved with good intentions”. Saint Bernard of Clairvaux
As economic development progresses, air pollution and the lack of green spaces have become increasingly painful issues for Tbilisi citizens. In our previous blog, Breathing in Tbilisi, we discussed the negative outcomes – in terms of air pollution and tree-cutting – generated by the actions of self-interested developers facing an inert civil society and a local government that is unwilling and/or unable to protect green public spaces. While that is a classic example of market fa...
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