What is the benefit to Georgia from serving as a trade corridor to Azerbaijan and Armenia? For the moment, given Georgia's lack of capacity to provide value adding services, such as storage and logistics, congestion...
By 2012, riskes associated with weak protection of property rights have become the binding constraint for Georgia’s economic growth. These risks translated in extremely real lending interest rates (8th highest in the world in 2011) and...
Consistent with its uninterrupted tradition of highly concentrated land ownership, Kakheti is Georgia's leader in land consolidation. Yet, it is also one of the poorest and most unequal regions. Conversely, Samegrelo has always been and...
Contrary to the Kuznets curve logic, the Georgian nation became poor and highly unequal through rapid dis-investment and de-industrialization. Addressing social gaps - so as to ensure political stability and improve the quality of labor...
By drastically cutting travel time to Tbilisi, MCC's investment in road rehabilitation propelled Samtskhe-Javakheti from 5th to 1st in the income-per-household ranking of Georgian regions. Still, the region is in need of industrial development if it...