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Employment and Unemployment Trends in Georgia
In order to assess the economic condition of a country, economists look at a various number of statistics. Besides the level of real Gross Domestic Product (GDP) that measures the country’s economic...
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The role of remittances in Georgian economy
Remittances constitute 6% of the country’s gross domestic product (GDP) and outweigh the inflows of both grants and FDIs in Georgia, writes Irina Guruli, program coordinator at the Economic Policy...
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Budgetary Expenses and State Debt in Georgia
Irina Guruli is program coordinator at the Economic Policy Research Center. Social expenses comprised the largest share in the State budget of Georgia in 2011, with 30% of total expenses directed...
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Inflation in Georgia – Causes and Cures
Irina Guruli is program coordinator at the Economic Policy Research Center. In 2011 inflation can be regarded as one of the major challenges for the Georgian economy, writes Irina Guruli, program...
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Twin Deficit
Irina Guruli is program coordinator at the Economic Policy Research Center. Twin deficit is a situation where a country’s economy is running two deficits at the same time: a fiscal deficit, and a...
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Understanding Georgia’s Foreign Direct Investment Trends
Irina Guruli is Program Manager at the Economic Policy Research Center. Foreign Direct Investment (FDI) inflows to Georgia fell significantly from the second quarter of 2012, closing the year 23% down...
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Managing non-performing loans in Georgia
Irina Guruli is Program Manager at the Economic Policy Research Center. TBILISI, DFWatch–The problem of bad loans gets huge attention nowadays. It has become a headache for all from bank managers to...
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Emergence of entrepreneurship in Georgia
Irina Guruli is Program Manager at the Economic Policy Research Center. Georgia’s economy is made of two components: the so-called formal sector and the “unobserved” part. In the observed part of...
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