Economic situation

As the number of new daily confirmed cases is again on the rise, we look at how people felt about the anti-coronavirus restrictions in May. Aside from the public health situation, COVID-19 has led to rising unemployment, reduced incomes, and food insecurity in…
In Georgia, tradition has it that a son stays in the family and is responsible for taking care of his parents in their old age. Consequently, tradition also gives parents’ property to their sons. This limits women’s access to economic…
The population of Georgia has declined after the dissolution of Soviet Union from 5.4 million to 3.7 million according to the latest estimates provided by the Georgian National Statistical Office. The mass emigration of the Georgian population in the 1990s has…
Grit, the idea that passion and perseverance are important determinants of success aside from intelligence, has gained widespread attention in recent years. This stems from the fact that grit is a strong predictor of a number of outcomes like employment…
Widely condemned as a violation of human rights, child marriage is associated with negative health outcomes — both physical and psychological. Aside from these clear issues, a growing body of research suggests child marriage also has economic consequences for both the women…
The share of the public with loans from formal financial institutions doubled from 2011 to 2016 according to World Bank Group’s analysis based on Integrated Household Survey in Georgia. The July 2019 CRRC/NDI survey data suggests that about half of the population…
The economy remains the main concern for people in Georgia. Together with the consumer price index and USD-GEL exchange rate rising, average household expenditures also have increased over the last couple of years. Meanwhile, according to recent data only 10% of the population has any savings. Although household expenditures have…
Two of the more prominent findings from the study of happiness are that money does not buy it (up to a point) and that young and old people are happier than those in between. That money does not buy happiness…
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