Opinion

The FINANCIAL -- Under the Soviet system, farmers worked under strong central control; everyone knew what to do. Important economic decisions were not left to the market, or decided by self-interested individuals. Instead, the government, which owned or controlled much of the economy’s resources, decided what, when and how to produce. Along with providing necessary inputs, the state ensured that farmers had access to markets for their goods.  

The FINANCIAL -- In October 2016, the average cost of cooking one standard portion of Imeretian Khachapuri was 3.39 GEL, which is 6.1% lower year-on-year (compared to the same month of the previous year, October 2015). 

The FINANCIAL -- Casinos, totalizators, and other gambling institutions are very popular in Georgia. According to the study “Gambling in Georgia – Second Report,” conducted by Transparency International Georgia in 2015, 6% of 1867 randomly interviewed people answered “yes” to the question whether they or their family members were engaged in gambling for money, including online.

The FINANCIAL -- One would logically imagine, entities in the alcohol business have more talkative and forthcoming employees as compared to other industries because of the nature of business and that their representatives make perfect respondents. This notion could not be any further from truth in the Georgian reality.  After having approached all major spirits producers in Georgia with due notice, we managed to obtain more or less plausible answers from only two respondents despite having received pledges from a couple more; but what is surprising, some outright refused to participate, with the expressed “why do you care” concern. 

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