Economic situation Archives - Page 2 of 13

Women Significantly Less Likely to Go Out to Eat in Georgia

26 March, 2018

Busy restaurants and cafes are a common sight in Georgia, and CRRC’s Caucasus Barometer data suggest that restaurants and cafes have become busier over the last five years. While 27% of Georgia’s population reported going to a restaurant in 2012, five years…

Debt in Georgia: People living in worse-off households report having personal debt more often

26 February, 2018

According to CRRC’s 2017 Caucasus Barometer (CB) survey, 46% of the population of Georgia report having personal debt. Although having debt is not necessarily a bad thing, since it can enable investment to help improve a person’s economic conditions, a close look at…

Levels of trust in the banks in Georgia: Changes over the past two years

27 May, 2010

Banking is one of the fastest-growing sectors of the Georgian economy, a point which was underlined in a 2009 report from the Ministry of Economic Development of Georgia. But does this development mean that society views banks as trustworthy partners…

Credit Crisis in the Caucasus?

12 September, 2008

Over the past year questionable lending practices by major banks and lack of consumer education about credit risk in the United States among “sub-prime” borrowers caused a credit crunch that in turn erupted into a major financial crisis that threatens…

Political Events in Georgia | Source of Dissatisfaction?

11 November, 2007

We normally leave political analysis to the many other qualified commentators. However, given current events, it is interesting to see that our Data Initiative shows that ever since 2004 there was a powerful trend of disenchantment in Georgia. Below, see…