Education in Georgia is essentially the responsibility of the public sector (the vast majority of total enrolmentin the case of General education) and has received a lot of attention in recent years with public outlays to the sector tripling between 2010 and 2019 to reach 3.6 percent of GDP. This remains low by OECD standards, however: OECD countries spend on
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Volski: “The ministers’ salaries have decreased significantly as compared to 2012. The
The FINANCIAL -- Georgian Consumer Confidence (CCI) continued to improve, albeit slightly, in December 2017. CCI added 0.5 index points over November 2017, and 8.7 index points y/y, that is compared to December 2016. Interestingly, people’s perceptions of the recent past and
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The FINANCIAL -- Economy
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The FINANCIAL -- In December 2017, the AGRIndex sub-indices shifted in the same directions as in November 2017, but the amplitudes of these shifts was reduced.
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The FINANCIAL -- Economy
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The FINANCIAL -- Economy
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The FINANCIAL -- Economy
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The FINANCIAL -- 2017 is shaping up as one of the best years in Georgia’s post-2008 crisis history. The economy is expected to expand by about 5%, beating early expectations and official forecasts by the likes of the IMF and the World
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The FINANCIAL -- ISET-PI likes to keep tradition and cook up a New Year’s Supra Index for our readers. The Index shows the cost of a standard festive supra meal for a family of five to six people in each region of
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The FINANCIAL -- In December 2017, Georgian MEAT sub-index increased by only 0.7% compared to October 2017. Nevertheless, in absolute terms, this is the highest month-to-month change since the last April. The main drivers of the change were boosted beef prices of
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The FINANCIAL -- “January is always a good month for behavioral economics: Few things illustrate self-control as vividly as New Year's resolutions. February is even better, though, because it lets us study why so many of those resolutions are broken.” Sendhil Mullainathan,
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