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Tuesday | 11 December, 2007
And here are the female centenarians. Note that there are many more female centenarians, i.e. that the colors should not be compared to the illustration above.
Mapping Development | WRI's "Funnel the Money"
The World Resources Institute, a global environmental think tank based in Washington DC, is providing maps that allow a visual comparison of data for the countries in the South Caucasus. Called "Funnel the Money", it seeks to chart development within countries, and also track allocation of resources from the central government by providing regional comparisons. The intended users are decision-makers, development specialists and informed citizens, and this interactive tool tries to help them "allocate resources to reduce poverty".
The project remains in draft form, and, we hasten to add, is only as good as the source data. The interface is a little clunky, too.
Still, it is an entertaining way to explore what is going on. You were wondering about the number of Georgian centenarians (those over 100 years old), and how they are distributed across the country?
Here are the male centenarians according to the 2002 census:

And here are the female centenarians. Note that there are many more female centenarians, i.e. that the colors should not be compared to the illustration above.

So apparently there are as many female centenarians in Imereti as there are males in the entire country. And Adjaria has a high proportion of both male and female centenarians.
This is just one of many maps you can extract. What is particularly useful is that even the default shows three maps at the same time, allowing for a good visual comparison.
What would we like to be added? A slightly friendlier interface, an opportunity to compare countries, and maybe a disclaimer regarding data quality. As it is, this still seems to be designed from the data end, rather than from the perspective of the users.
The website notes that they are welcoming comments, a WRI team was just out to visit the Caucasus, so we are hoping for an updated version soon. For now, find the site here.
27.07.2015 | Monday
Finding work in Armenia and Georgia
This blog post looks at the World Bank’s STEP data for Armenia and Georgia, which CRRC collected in 2013, to see how people are finding work, their confidence that they have the skills needed to find work, and how they feel their education prepares them for work.
26.02.2015 | Thursday
Tracing regional inequalities in the Georgian education system (Part 2)
This series of blog posts explored the results of 2014 Unified Entrance Exams, taking into consideration regional and gender factors. Both descriptive and exploratory analysis shows that there are significant disparities between applicants, especially from the geographic point of view.
04.02.2014 | Tuesday
Income Levels in Georgia from 2008 to 2013
Following the world financial crisis of 2007-2008 and the global recession of 2008-2009, GDP growth slowed and unemployment increased in many countries. From a peak of 12.34% GDP growth in 2007, Georgia’s GDP contracted by 3.78% in 2009, leveling out to an average of 6.4% GDP growth over 2010 to 2012. Official unemployment in Georgia also worsened over that period, starting at 13.3% in 2007, peaking at 16.9% in 2009 and falling down to 15% by 2012.
04.03.2014 | Tuesday
Health in the South Caucasus
With the recently concluded Olympics in Sochi and the controversies surrounding them, one might be interested in understanding how populations in the South Caucasus think about health and sport. What factors are related to perceptions of health in Armenia, Azerbaijan and Georgia?
26.01.2015 | Monday
Well-being of the elderly in the South Caucasus: A problem today, a bigger problem tomorrow
The world population is getting older, and this trend will likely continue as a result of decreasing mortality and declining fertility. International organizations predict that the aging of the population will cause economic problems in countries that already have difficulties in providing proper welfare for the elderly. The countries of the South Caucasus are no exception in this regard.
19.01.2015 | Monday
A taxi driver’s tale, Part 1: Social status in the Georgian labor market
Taxi drivers tell perhaps the most telling story of Georgia’s economic transition. They often complain that the transition made their high social status useless, thus pushing them into taxi driving. This often heard and mocked complaint highlights the contrast between what is expected from and what is delivered by the labor market. This blog post shows that the taxi drivers are not entirely wrong.
22.01.2015 | Thursday
A taxi driver’s tale, Part 2: The poverty of social status in Georgia
This blog post examines how social status is associated with individual and household well-being
05.05.2014 | Monday
Abortion Rates in Azerbaijan
The Merriam-Webster dictionary defines abortion as a “termination of a pregnancy after, accompanied by, resulting in, or closely followed by the death of the embryo or fetus.” According to the United Nations' publication, World Abortion Policies, 2011, by 2009 roughly 97% of countries in the world had made abortion legal to save a woman’s life.
28.07.2014 | Monday
Are more educated women in Georgia choosing not to have children?
Some social scientists, such as Satoshi Kanazawa, argue that a woman’s education level can impact her willingness to have children. However, Linda Hirshman, a scholar of women’s issues, questions Kanazawa’s findings by arguing that reproduction is a culturally-inflected decision. Additionally, Gary Becker hypothesizes that women with higher education might not feel economic pressure such that marriage is economically advantageous.
11.08.2014 | Monday
In the South Caucasus, the Enemy of my Enemy is my Friend
The three countries of the South Caucasus (Armenia, Azerbaijan and Georgia) are geographically, historically and politically bound closely together. Nevertheless, these countries often find themselves in disagreement when faced with broader geopolitical questions regarding alliances, threats and visions about the future of the region.
15.09.2014 | Monday
Living day-to-day: How are fatalism and economic prosperity interrelated in Georgia?
Authors Rahmato and Kidanu (1999) use the phrase “We live only for today” to describe a feeling whereby a person gives up on life and does not know or does not want to think about what will happen the next day. This phrase describes a state wherein people live day-to-day without hope for the future. This sense of helplessness or hopelessness with regard to the future is known as fatalism.
29.09.2014 | Monday
Georgians Have High Hopes but Little Information about the Association Agreement with the EU
Optimism abounds with regards to the recently signed Georgia-European Union Association Agreement (AA). Most Georgians, however, lack information about the EU and its relation to the country, including the details of the agreement which directly concern the future of Georgia’s economy. The AA covers many areas including national security, migration, human rights and the rule of law but is primarily a free trade agreement with potentially major implications for employment.
28.03.2016 | Monday
Changing issue salience in Georgia after 2008
While territorial integrity was named by the majority of the population as the most important issue facing Georgia in late 2008 and 2009, in the aftermath of the 2008 war with Russia, the focus has since shifted to economic issues and, first of all, unemployment.
09.11.2015 | Monday
Household income and consumption patterns in Georgia
After the collapse of the Georgian economy in the 1990s, the country slowly started to recover, and between 2000 and 2014, the gross national income grew from $3.4 billion to $16.7 billion (in current USD). According to the National Statistics Office of Georgia, the official unemployment rate in Georgia was 12.4% in 2014, but according to numerous surveys the rate is much higher.
27.11.2015 | Friday
Awareness of the EU-Georgia Association Agreement in Georgia, one year on
The June 27, 2014 initialing of the EU-Georgia Association Agreement, a wide reaching, largely economic treaty, was marked with celebration in Tbilisi as the fruit of a long running diplomatic effort to tighten ties with the European Union over the course of three Georgian administrations.
14.03.2012 | Wednesday
Georgia and the EU’s Economic Woes
Why hasn’t the economic crisis in Europe deterred Georgia’s desire to join the European Union? The majority of Georgians (and the Georgian government) want to join the EU despite crisis in the Eurozone. Yet, the continued crisis, including the Eurogroup’s recent (and second) rescue of Greece’s economy and Hungary’s harsh austerity measures, illustrates that the crisis is not isolated to the Eurozone.
13.07.2012 | Friday
PERCEIVED POVERTY IN GEORGIA: RESULTS OF THE 2011 CAUCASUS BAROMETER
The 2011 Caucasus Barometer asked the Georgian population, “Relative to most of the households around you, would you describe the current economic condition of your household as very good, good, fair, poor or very poor?
29.09.2011 | Thursday
Is the South Caucasus a homogenous region?
In a recent datablog, the Guardian published a map visualizing how the former Soviet countries are doing 20 years after the fall of the Soviet Union. The map compares the 15 former Soviet countries in terms of economic development, demographics and democratic transition. It also divides the countries into five regions: Russia, the Baltic countries, the EU borderlands, Central Asia and the South Caucasus.
02.11.2011 | Wednesday
A Further Look at Material Deprivation
Continuing to explore standards of living in the South Caucasus, this blog looks at the between four sources of household income and material deprivation using data from the 2010 Caucasus Barometer. Each of the four sources of income (salaries, pensions or government transfers, sales from agricultural goods, and remittances) are categorized by their importance to the household and then cross tabulated with material deprivation. The findings suggest that families reliant on salaries and remittances are better off, while families receiving pensions and government transfers, or those who sell agricultural products as their primary source of income have higher than average rates of material deprivation.
07.12.2011 | Wednesday
Can a Cut NATO Supply Route Through Russia Benefit Georgia and Azerbaijan?
The 20th anniversary of the dissolution of the Soviet Union is upon us, and US-Russian tensions have risen as Russia contemplates terminating the NATO supply route through Russia. International news reports such as The New York Times detail the threat as a “death blow” to the U.S.-led NATO mission in Afghanistan and indicate that this could be a blessing in disguise for NATO hopeful Georgia, as well as for Azerbaijan.
15.03.2010 | Monday
New Policy Advice on Migration and Development in Georgia
Migration is a major factor in Georgia. Many Georgians live abroad, and by some estimates the money they send back accounts for nearly 10% of Georgia’s GDP. Did you know that households in rural areas who receive such aid are less likely to be poor, but that in Tbilisi, the opposite is true?
19.03.2010 | Friday
Gender imbalances | The South Caucasus on the top of the list
Earlier this month The Economist published two articles (article one, article two) on imbalances in gender. In all societies there is, at birth, a sex ratio slightly biased in favor of boys: 103-106 boys to 100 girls. The number evens out later on as male babies have a higher mortality rate than female babies. In some parts of the world, however, there currently is an abnormally high number of boys being born.
30.03.2010 | Tuesday
2010 Big Mac Index | Increased differences between Baku and Tbilisi
In 2007 we wrote a blog post on the Big Mac Index, an index published by The Economist as an informal way of measuring purchasing power parity (PPP). The idea is that a dollar should buy you the same amount in all countries, and as a Big Mac is assumed to be produced in the same way everywhere it can serve as a point of comparison. You can thus determine how far off the exchange rate is between countries, in terms of citizens’ ability to buy the same “basket” of goods and services (in this case a Big Mac hamburger).
19.04.2010 | Monday
Abortion rates in the South Caucasus among the highest in the world
Last month we wrote a blog post on gender imbalance in the South Caucasus showing that there is an abnormal high number of boys being born in the region. Several comments were posted on the blog site that brought attention to abortion rates in Armenia, Azerbaijan and Georgia.
30.05.2010 | Sunday
Election Day Portal
To track what is going on during election day, Georgia's leading monitoring organizations, the International Society for Fair Elections and Democracy (ISFED), the Georgian Young Lawyers Association (GYLA) and Transparency International (TI) have created a joint portal, VoteGeorgia.ge.
01.06.2010 | Tuesday
Election Maps | Who Did Your Neighbors Vote For?
Our GIS Analyst, Dato Sichinava, is now loading preliminary results onto our election maps. If you want to compare regional distribution of results, you can do so very quickly through the portal. Below you see the votes for the Alliance throughout Georgia. Note that on the portal, you can grab the handle (see the arrow) and shift it back and forth.
14.06.2010 | Monday
Demographic statistics in Georgia | Results from international research
On June 1, the Georgian Center for Population Research (GCPR) and the French National Institute for Demographic Studies (INED), with support from the French Embassy in Georgia, held a seminar on mortality- and fertility-related issues in Georgia. Irina Badurashvili from GCPR and France Meslé, Jacques Vallin and Geraldine Duthé from INED presented the results of their collaborative research dealing with mortality trends and increased male sex ratio at birth.
17.06.2010 | Thursday
Greatest Threats Facing the World | Data from the 2009 CB & the Global Attitudes Survey
By Jesse Tatum and Vazha Burduli
From environmental catastrophe to violence, our world currently faces serious challenges with long-term consequences. In this context, what do people in the Caucasus consider to be the most acute problems?
From environmental catastrophe to violence, our world currently faces serious challenges with long-term consequences. In this context, what do people in the Caucasus consider to be the most acute problems?
Regarding the greatest threats to the world today, the spread of nuclear weapons and poverty are foremost on the minds of people in the South Caucasus, according to the 2009 CB.
02.07.2010 | Friday
Post-Soviet States’ Democratic Decline: Results from Freedom House Report
Freedom House has just released its Nations in Transit report for the year 2010. The report attempts to quantify democratic development in Central European and Eurasian states by observing 8 separate factors – for instance, Electoral Process and National Democratic Governance - which affect the level of democracy in a given country. Each category is graded on a score of 1 to 7, with 1 representing the highest level of democratic progress, and 7 representing the lowest. Much of the media attention has typically focused on Russia.
10.09.2010 | Friday
Aleksey Hovakimyan on Rural & Economic Development in Armenia
While writing his PhD, Aleksey Hovakimyan was a regular user of CRRC-Armenia, often working in the computer lab or the library. We therefore were delighted to hear that his PhD thesis has now been published, and wanted to support him in spreading the word of his book's release.
05.10.2010 | Tuesday
Armenia’s ranking in the World Governance Indicators
The recently updated database of the World Governance Indicators (WGI) shows an improvement in Armenia’s ranking in political stability, fight against corruption, government effectiveness and regulatory quality. A project of World Bank and Brookings Institution, WGI provides governance ranking of over 200 countries since 1996 on six indicators: Voice of Accountability, Political Stability and Absence of Violence, Government Effectiveness, Regulatory Quality, Rule of Law and Control of Corruption.
22.02.2008 | Friday
Bertelsmann Transformation Index | Using a New Interactive Tool to Analyze the Caucasus
Many of our readers know of both our quibbles with indexes, but also our steadfastness when it comes to posting about them. The Bertelsmann Foundation released its trademark index, the Bertelsmann Transformation Index (BTI) (PDF), which according to its producers, is "the global ranking of the quality of democracy, the market economy and political leadership in 125 developing and transformation countries."
27.02.2008 | Wednesday
Inflation in Armenia? | Lecture by IMF Representative
Readers here may not be aware that actually our Armenian CRRC also runs its own blog, to announce and describe CRRC's events. One of the most recent events was a lecture by the IMF Resident Representative in Armenia, Dr. Nienke Oomes.
11.04.2008 | Friday
Armenia and Azerbaijan’s Performance | Millennium Challenge Corporation’s Meta-Index
A previous blog entry on Millennium Challenge Corporation’s Meta-Index, as you may recall, presented Georgia’s performance. For those who do not know, Millennium Challenge Corporation (MCC) uses data from the research of various organizations such as the IFC, the World Bank Institute, UNESCO, Freedom House and others. Millennium Challenge Corporation recently released an assessment through its annual scorecard, which has three main policy categories: Ruling Justly, Investing in People, and Economic Freedom.
15.04.2008 | Tuesday
Tourism: Structure and Cost-sharing
A slightly specialized topic: what's the cost of tourism? Often suggested as a way of developing parts of the South Caucasus, especially Georgia, quickly, it's interesting to take a quick look, since in tourism many factors interact: business, environment, architecture, urban planning, societal habits, local versus national government, local and foreign expectations, and the challenge of reconciling all of those.
06.06.2008 | Friday
Study of Economic Relations Between Georgia and Armenia
At first glance it may seem that trade between the Georgian region of Samtskhe-Javakheti and the neighboring Armenian region of Shirak should provide a natural basis for development in both regions. However, the main border crossing point in Samtskhe Javakheti is under-utilized and trade is not creating stimulation for growth in either region.
03.07.2008 | Thursday
Maths in Armenia | comparing through TIMSS
What is the average Armenian secondary school student’s competence in Maths and Science? Is Armenia doing fine, or is it time for the education policy makers to review the secondary school curricula. Trends in International Mathematics and Science Study (TIMSS) proposes an answer to these questions. TIMSS is an international evaluation of the mathematics and science knowledge of fourth and eighth grade students around the world.
12.09.2008 | Friday
Doing business in Azerbaijan: easy in theory
Results of the World Bank’s Doing Business 2009 project, claims to present "objective measures of business regulations and their enforcement across 181 economies and selected cities at the sub-national and regional level", were made public today.
12.09.2008 | Friday
Credit Crisis in the Caucasus?
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 to lead to a recession and an international economic downturn.
02.10.2008 | Thursday
The August Conflict | Economic Impact on Georgia?
In Georgia, attention now turns towards sorting out the impact of the short August conflict. How plausible is the reporting we are seeing? Do the journalists get it right?
03.10.2008 | Friday
Polling Data on Turkish-Armenian Bilateral Relations
Recently, as a result of the football diplomacy between Armenia and Turkey, an opinion poll was conducted in both Turkey and Armenia to gauge the reaction to new gestures in the Turko-Armenian relationship. The poll was carried out by MetroPoll in Ankara (Turkish only website) and by the Armenian Center for National and International Studies -- run by Rafik Hovannisian an American Diaspora Armenian now resident in Yerevan and involved in Armenian politics.
03.10.2008 | Friday
Focus on non-oil tax policy as oil revenues predicted to decline
The IMF has recently published its analysis of the developments in non-oil tax policy, administration and revenues in Azerbaijan. Non-oil tax policy could be an important tool in stimulating the development of non-oil sectors of the country’s economy.
07.10.2008 | Tuesday
How Supply fails Demand | Pots of Honey
So what plagues local business? In many cases it's the same problem we have in politics as well: there simply is the wrong paradigm. It is self-centered, rather than being other-centered. Or, if that sounds too much like marriage counseling, let's put it this way: too many sellers try to solve their own problems, rather than those of other people. Nothing wrong with that, but it's not how you can succeed in a market. After all, who likes to spend their money on other people's problems? Charity is not a business model, at least not in retail.
09.10.2008 | Thursday
South Caucasus Data 2007 on Unemployment
Unemployment clearly is one of the pressing issues in the South Caucasus. But there is a lack of reliable data on people being without and looking for a job. This blog, based on CRRC’s Data Initiative 2007, provides a snapshot on these numbers.
27.10.2008 | Monday
World Press Freedom | Caucasus does badly!
Yet another index, and one with little happy news. How does world press freedom look? Reporters Without Borders, an advocacy group founded in 1985 ("investigate, expose, support"), has just released an international ranking. A total of 173 countries are ranked, and the Caucasus is in the bottom third.
13.11.2008 | Thursday
World Economic Forum Gender Gap Index | a few surprises
Indices are engaging and instructive, but some really baffle us. The World Economic Forum (WEF), the organisation that organises the annual high-profile Davos meetings, has come up with a gender index, and the Caucasus is featured. The index is intended to measure how the world is closing the gender gap in education, health, and political and economic participation. In principle, this is a great idea, since there are significant challenges and discrepancies (as our data itself shows).
22.11.2008 | Saturday
EBRD Life in Transition Survey | worth analyzing!
One of the most impressive recent survey efforts, measuring attitudes about different countries in transition, has been undertaken by EBRD. Called Life in Transition Survey (LiTS), this is an attempt to look at how 29 'transitioning' countries have developed following 1989. The survey tracks "public attitudes, well-being, and the impact of economic and political change".
05.12.2008 | Friday
Freedom House Report | Democracy in the Caucasus
In June Freedom House released its 2008 annual Nations in Transit Report covering January 1, 2007 through December 31, 2007. The Nations in Transit Report covers the democratic performance of the former Soviet Union, the former Soviet satellite states and the former Yugoslavia.
19.11.2007 | Monday
Georgia's Performance? | Millenium Challenge Corporation's Meta-Index
With all the attention on Georgia, it may be interesting to revisit Georgia's most recent performance as seen by international organizations. As it happens, the Millennium Challenge Corporation offers a such an assessment through its annual scorecard, just released last week. This scorecard is a meta-index, drawing on data from the World Bank Institute, Freedom House, IFC, WHO, UNESCO and a few other organizations.
27.08.2007 | Monday
"The Economic Dynamics of the Countries of the South Caucasus"
Two years ago, Tigran Sargsyan, the Chairman of the Central Bank of Armenia, wrote a brief paper looking at various facets of the economies of the countries of the South Caucasus from four different vantage points including an evaluation of compliance with the Maastricht Treaty, the relationship between each country’s economic processes and the creation of human capital, macroeconomic effectiveness, and the actual sustainability of development.
21.08.2007 | Tuesday
Civil Society in Post-Soviet Armenia
The study and analysis of civil society and civic participation is a fundamental way of better understanding a region and its processes of development and democratization. Researcher Babken Babajanian has studied civil society and civic participation in post-Soviet Armenia.
20.08.2007 | Monday
Free Economic Zones in Georgia
Economic free zones in Georgia are no longer a necessary, helpful, or even relevant option for Georgia’s economic development according to a GFSIS article written by Vladimer Papava. A free economic zone is a discreet area of a country’s economy designated by the government and bestowed with certain benefits and privileges.
08.05.2017 | Monday
Debts and Loans in Georgia (Part 1)
In Georgia, where, according to the World Bank, a third of the population live on under USD 2.5 per day, poverty and unemployment are consistently considered the most important issues facing the country. For those who are struggling financially, borrowing is a widespread coping mechanism. While access to credit can have benefits, debt can also have psychological costs, such as increased stress and anxiety. CRRC’s 2015 Caucasus Barometer (CB) data show interesting patterns about having personal debts in Georgia. The first part of this blog post focuses on the characteristics of those who report having personal debts in Georgia, while the second part looks at the money lending patterns, as well as reported well-being of people who are owed money or who borrow it
15.05.2017 | Monday
Debts and Loans in Georgia (Part 2)
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 the analysis, “Does anyone owe you any money?”
12.02.2018 | Monday
What factors help to land a good job? Views in Armenia and Georgia
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 labor market of a given country to find out what actually helps a person get a good job, what people think about this issue is also interesting. CRRC’s 2017 Caucasus Barometer (CB) survey asked the population of Armenia and Georgia which factors where important for getting a good job in their country.
26.02.2018 | Monday
Debt in Georgia: People living in worse-off households report having personal debt more often
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 the CB 2017 data suggests that many people in Georgia take on debt to cover basic expenses.
23.04.2018 | Monday
Which groups name Russia as Georgia’s main enemy?
In 2017, 40% of the population of Georgia named Russia as the main enemy of Georgia. Yet the opinion that Russia is the main enemy of the country is not equally present in different demographic groups. This blog post uses data from CRRC’s 2017 Caucasus Barometer survey to gain a better understanding of the characteristics of those who report Russia is the country’s main enemy.
28.05.2018 | Monday
Perceptions of the problems faced by women in Georgia
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 women in Georgia face that may partially explain women’s lower labor force participation rate.
10.09.2018 | Monday
Pension reform is underway in Georgia, but only about half of the population is aware of it
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 to the state-run pension fund, on a monthly basis. Although other employees are not legally required to do so, they may participate in the scheme voluntarily. This law is a first step in a larger reform of Georgia’s pension system. Opposition politicians have criticized the new law citing that it counters the country’s constitution as it introduces a new tax without a referendum. Several civil society groups also expressed criticism of the reform, questioning its legitimacy.
21.01.2019 | Monday
Budget priorities are similar to people's spending priorities
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 9.5% (GEL 1.186 billion) of the budget, respectively. In the 2018 June CRRC/NDI survey, respondents were asked, “What are your top three priorities for spending, understanding it means cutting elsewhere?” Respondents were provided with a show card and allowed to name up to three answers. This blog post looks at whether responses match up with actual spending, and how priorities vary among different demographic groups.
25.11.2019 | Monday
Attitudes towards the new banking regulations
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 has a loan. To address perceived over-indebtedness, on 1 January, 2019 the National Bank of Georgia introduced new regulations, restricting lending without more extensive analysis of a consumer’s solvency. The analysis includes looking at an individual’s income, expenses and total obligations, and determination of debtors’ capacity to service their loans without significant financial difficulties.
29.06.2020 | Monday
The most important issues facing Georgia, prior to the COVID-19 outbreak
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 existing economic issues. While the economy has consistently been the most important issue for most Georgians in recent years, this headline figure hides some nuance. This blog explores this nuance, looking at who names a mixture of economic and non-economic issues as the most important ones facing the country.
08.09.2020 | Tuesday
Lockdown vs re-opening the economy in Georgia
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 Georgia. As the number of new daily confirmed cases is again on the rise, the Caucasus Datablog takes a look at how people felt about the anti-coronavirus restrictions when they were at their height.