Blog Posts

<a href="http://www.iset.ge/blog/?p=3129"> Fine and Punishment</a>

- 14 April 2014

Fine and Punishment

Imagine arriving at a provincial airport in an unnamed Central Asian country. You leave the terminal and go straight to row of waiting taxis. In your Lonely Planet you read that you should pay about $10 for what is a short taxi ride to the...

<a href="http://www.iset.ge/blog/?p=3120">Agriculture and Rural Development in Georgia: A Research Agenda</a>

- 11 April 2014

Agriculture and Rural Development in Georgia: A Research Agenda

After many years on the back burner of policy discussion in Georgia, issues related to agriculture and rural development now seem to be at the forefront of debate. And for good reason, as these issues are incredibly complex and have important implications, not only for...

<a href="http://www.iset.ge/blog/?p=3103">Do Economies Need Economists?</a>

- 07 April 2014

Do Economies Need Economists?

According to a rumor circulating among economists, there exists an econometric study which shows that the economy of a nation is doing worse the more great economists it produces. While this may be a myth, casual observation suggests that the correlation between the economic performance...

<a href="http://www.iset.ge/blog/?p=3089">Georgia, Armenia and Azerbaijan Agree to Form Transcaucasian Confederation by 2019</a>

- 04 April 2014

Georgia, Armenia and Azerbaijan Agree to Form Transcaucasian Confederation by 2019

1 April, 2014, ISET Economist’s special correspondent in Geneva. The ISET Economist was invited to attend the signing ceremony concluding the last round of trilateral negotiations held in Geneva under the joint sponsorship of the Swiss Confederation, the US, Russia and Turkey.

<a href="http://www.iset.ge/blog/?p=3072">The Ethics of Empty Stomachs</a>

- 31 March 2014

The Ethics of Empty Stomachs

At the end of Act 2 of Bertolt Brecht’s Three-Penny-Opera, the proletarian petty criminal Macheath and his prostitute Jenny reply to the bourgeois representatives of the establishment urging them to uphold moral standards: “First comes a full stomach, then comes ethics!” This aphorism echoes the...

<a href="http://www.iset.ge/blog/?p=3056">Farmer Groups: Why We Love Them, Why We Do Them and Why They Fail</a>

- 28 March 2014

Farmer Groups: Why We Love Them, Why We Do Them and Why They Fail

Someone once told me that I couldn’t be a real agriculturalist until I had at least one failed chicken project under my belt, illustrating both their ubiquity and propensity to flop. The same can be said of projects that seek to establish farmer groups (farmer...

<a href="http://www.iset.ge/blog/?p=3041"> Yes, We Trust!</a>

- 24 March 2014

Yes, We Trust!

Until the 1960s, Japan was an amazing place to live. One did not have to lock one’s house, car, or bicycle, as nobody was going to steal anything. Theft, burglary, and cheating were virtually non-existent in the Japanese society of those days. Imagine how much...

<a href="http://www.iset.ge/blog/?p=3023">The Crisis in Ukraine and the Georgian Economy</a>

- 21 March 2014

The Crisis in Ukraine and the Georgian Economy

When Ukrainian President Victor Yanukovich decided not to sign the association agreement with the European Union and instead opted for a Russian package of long-term economic support, many Ukrainians perceived this not to be a purely economic decision. Rather, they feared this to be...

<a href="http://www.iset.ge/blog/?p=3014">“Inclusive Growth” Policies: Roads Paved with Good Intentions</a>

- 17 March 2014

“Inclusive Growth” Policies: Roads Paved with Good Intentions

The recently published government strategy “GEORGIA 2020” aims “to ensure that the majority of Georgia’s population benefits from economic growth”. The natural million-dollar question, however, is how this “inclusive growth” objective could be achieved in reality. In other words, how to make sure that the...

<a href="http://www.iset.ge/blog/?p=3006"> Toxoplasma Gondii and the “Missing Girls” in the South Caucasus</a>

- 14 March 2014

Toxoplasma Gondii and the “Missing Girls” in the South Caucasus

In a 2012 article that was published on the ISET Economist Blog, Yaroslava Babych did justice to what lately has been a theme of scientific gossip and backstage talk, which I have personally often encountered among socially (albeit not exclusively) inclined economists about the alarming...

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