The new “Fly to Georgia” program will cost Georgian taxpayers about $70mln in rebates for tourists flying to Georgia in the off-season period. According to PM Kvirikashvili, Georgia is willing to take this risk in...
Whereas imitation is most effective in Korean-style vertically integrated firms in which every worker religiously follows instructions, the best context for innovation is Israeli-style "culture of disagreement and debate", and a system of incentives that...
In 2013, as his plastic windows business started winding down, Gogi Elanidze hit upon a new idea: a goat milk farm. He’s read about the health benefits of organic goat milk. He’s heard of French...
Georgians tend to cluster in family groups and clans, and many of the country’s challenges – in business, politics and government – stem from its inability to let go of these primitive parochial bonds. Instead...
Not selling their tiny plots of land and not moving out of agriculture may be a rational strategy for most Georgian smallholders given the low level of selling prices and the lack of suitable employment...