Economy Archives

Lockdown vs re-opening the economy in Georgia

8 September, 2020

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…

The most important issues facing Georgia, prior to the COVID-19 outbreak

29 June, 2020

What did Georgians think was the most important issue facing the country prior to the COVID-19 outbreak? The economy. The current COVID-19 outbreak will shift perceptions surely. Yet, the measures to fight the virus have slowed down the economy, exacerbating the previously…

Attitudes towards the new banking regulations

25 November, 2019

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…

Budget priorities are similar to people’s spending priorities

21 January, 2019

Georgia’s state budget amounted to GEL 12.5 billion in 2018. The Ministry of Labor, Health and Social Affairs; Ministry of Regional Development and Infrastructure; and Ministry of Education and Science had the largest appropriations at 28.2% (GEL 3.528 billion), 14.5% (GEL 1.815 billion), and…

Pension reform is underway in Georgia, but only about half of the population is aware of it

10 September, 2018

On July 21, 2018 Georgian legislators approved an accumulative pension scheme, after years of discussion. As one of the requirements of the new law, employees with contracts who are under the age of 40 have to contribute 2% of their remuneration…

Perceptions of the problems faced by women in Georgia

28 May, 2018

People in Georgia consistently name unemployment as the main problem the country faces. Women, compared with men, report having a job less often. Based on CRRC/NDI December 2017 survey findings, this blog post presents the population’s perceptions of some of the issues that…

What factors help to land a good job? Views in Armenia and Georgia

12 February, 2018

What are the factors that help one get a good job? The question is important around the world, and arguably even more important in countries with high reported unemployment, like Georgia and Armenia. While it would require an in-depth study of the…

Debts and Loans in Georgia (Part 2)

15 May, 2017

The first part of this blog post showed that people who report being in a worse economic situation are more likely to have debts in Georgia. In the second part of this blog post, a new variable is added to…