The rule of law is a powerful and often-repeated political and legal ideal, which not only contributes to the formation…
Category: ეკონომიკა
What Drove Georgian Economic Growth in the First Half of 2023?
The Georgian economy grew by 10.1% in 2022. In 2023, however, the economic growth rate started to decrease. Year-on-year growth…
The Digital Lari: a New Threat to Freedom
Two years ago, the National Bank of Georgia (NBG) announced its intention to issue a digital version of the national…
Georgia is Bringing Back Tourists Lost During the Pandemic
The economic welfare of the Georgian population depends significantly on revenues from tourism. From a macroeconomic point of view, the…
Why Does Georgia Have Low Wages?
The average monthly salary of employed personnel in Georgia is GEL 1,600. However, average disposable income after tax is GEL…
The China-Kyrgyzstan-Uzbekistan Corridor: Why Does It Matter More Than Ever?
Almost a decade has passed since China set to create a diversified network of transportation routes to connect the country…
What Impact Will the Russia-Ukraine War Have on the Georgian Economy?
On the 24th of February, Russia initiated a full-scale war in Ukraine, which had an immediate effect on the Russian…