ISET

ISET Economist Blog

A blog about economics in the South Caucasus.
Mar
12

Dumb Farmers Do Not Grow Big Potatoes

This week, the Georgian public was shocked when a gross lack of competence and aptitude among the country’s teachers was unveiled.  As DFWatch.net reports on March 10th (quoting a Georgian source), of the 10,552 teachers registered for a competence check that took place in January, only 6,477 showed up in the first place, and of these, only 1,101 passed the test. However, the Georgian economy is struck by severe deficits in knowledge and skills in many sectors, and to find such examples, one does not have to look at industries that operate close to ...
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Mar
07

The Making of Nations

GOING UP … OR DOWN?  I was 13 when my family took the fateful decision to make ‘Aliyah’ to Israel back in 1977. ‘Aliyah’ (the act of going up in Hebrew) is a nice term describing Jewish ‘repatriation’ from the Diaspora (St. Petersburg, in my case) to the Holy Land. Etymologically, ‘Aliya’ originates in the ancient Israelite tradition of annual ‘pilgrimage tours’ to Jerusalem (situated almost 1km above sea level). Yet, there was very little ‘going up’ in the social status of my family during the first five years in Israel. My parents took more than t...
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Mar
05

Coordination Games

Some years ago my dad, who is an avid blogger, wrote a piece about a plague of disorderly advertising that was chocking Kyiv. Notices promoting everything under the sun were plastered on the walls, fences, lamp-posts, in metro cars, on the bus stops, even on the pavement. Our own building’s entrance was a sad sight - always covered with debris of paper and glue. Our neighbor, and elderly lady, laboured heroically to wash off the wall and the door frame every now and then, but it was a Sisyphean task.  The clean wall only served as a magnet for ...
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Feb
27

Don’t Talk about Georgia’s Future!

According to Micklewright (Macroeconomics and Data on Children, UNICEF 2000), a share of 7% of the Georgian gross domestic product of the year 1991 accounted for education. In 1994, this number had fallen to 1%. As Micklewright comments, such a dramatic decrease of educational expenditures was never seen before nor afterwards in the history of any country. Recovery after the crisis was a long process. Until 1998, spending on education had only increased to 2.1% (World Bank Development Indicators), and in 2002, wages in the educational sector were still r...
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