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Wednesday, 20 April 2011

Access to Justice in Central Asia

On 6th April 2011, Dr George Welton presented the results of the research he managed on Access to Justice in Central Asia.

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Monday, 12 July 2010

Moving to the Poti FIZ.: A Cost/Benefit Analysis

In order to better understand the costs and benefits of operating in the Poti FIZ, we calculated the overall impact on profitability of opening a medium-sized light manufacturing factory, fictitiously called Rustaveli Inc., inside the zone as opposed to outside the zone.

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Tuesday, 08 June 2010

Car Imports and Consumer Confidence

The profile of car imports into Georgia can tell us a lot about consumer confidence. In particular, it seems to suggest that confidence was not as significantly affected by the war as one would think, and may now be recovering.

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Friday, 30 October 2009

Dillemmas for the Wine Business

The Georgian wine market was dramatically damaged by the Russian wine embargo. The government response to this has been to aggressively promote Georgian wines abroad. This was fairly successful in promoting Georgian wine as a high-end product until the global recession hit sales but seems unlikely to help small producers anytime soon.

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Monday, 12 October 2009

Remittances versus Foreign Direct Investments

Remittances in Georgia are huge. If we only count the level of remittances sent using cash transfer systems like Western Union and Moneygram then remittances have grown from USD 259 million in 2004 to over USD 1 billion in 2008. On top of this transfers into the country from personal bank-accounts is even higher and in 2008 was an additional USD 1.2 billion.

A great deal is written about the impact of these remittances with development professionals often looking to see ways in which these funds can be more effectively utilised to create long-term development. In particular, remittances are usually compared unfavourabley to Foreign Direct Investment because most remittance money is spent on essentials like food, clothing and heating and so little is ‘invested’.

However, there are reasons to think that remittances may be far more effective for poor-oriented development than FDI.

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Wednesday, 07 October 2009

Regional Distribution of Poverty in Georgia

One highly important issue for poverty reduction in the country is the geographic distribution of the poverty headcount. According to the report, 24% of the Georgian population is ‘poor’ and 9% is ‘extremely poor’. But the regional variation is enormous.

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