Editorial

The FINANCIAL -- In June of 2015, the average cost of cooking one standard Imeretian Khachapuri fell to 2.85GEL, which is 1% lower month-on-month (compared to May 2015), and 0.8% higher year-on-year (compared to June ...

The FINANCIAL -- Education is one of the surest means we have to end extreme poverty in our time. At the turn of the millennium, the obvious first goal to set was to get all children into school. ...

The second of May, 2015, may well go unnoticed by historians of the future; but I am convinced that it marks a watershed not only in Georgia’s recent evolution – but also, maybe, in the history ...

The FINANCIAL -- The second of May, 2015, may well go unnoticed by historians of the future; but I am convinced that it marks a watershed not only in Georgia’s recent evolution – but also, maybe, ...

The FINANCIAL -- ISET’s Khachapuri Index kept declining in April, very much in line with the multi-year seasonal trend (see chart).  The average cost of cooking one standard Imeretian Khachapuri ...

The FIANNCIAL -- As often discussed on his page, seasonal dynamics of the Khachapuri Index are mainly driven by extremely sharp fluctuates in the supply of fresh milk, which directly affects the ...

The FINANCIAL -- An average Georgian household spends more than 40% of its budget on food. It therefore stands to reason that Georgian consumers are quite sensitive to food prices, which may be very ...

The FINANCIAL -- Since the Rose Revolution, pro-Western Georgian politicians are dreaming to lead their country into the apparently safe haven of NATO. So far with little success, causing ...

The FINANCIAL -- When Georgia ran into a conflict with its northern neighbor in 2008, it experienced considerable solidarity on part of its main Western ally. The United States supplied military ...