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
Read More »The FINANCIAL -- At times math teachers use a legend,“mathematics in the game of chess”, as an introduction to Exponential Functions.Theoriginal mythtells of amathematician in Indiawho invented the game of chess and was subsequently bestoweda vast reward for its creation.
MoreThe FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in April 2019 varied across Georgian cities, from 3.21 GEL (the price in Kutaisi) to 3.57GEL (inTelavi).
Morehe FINANCIAL -- Once upon a time, farming closely followed the cycles of nature, with the by-products from each stage of production being fed into another growth process on the land so no materials were wasted. Manure from cows fed the fields
MoreThe FINANCIAL -- CEO turnover hit a record high of 17 percent in turbulent 2018 but there is a group of executives holding steady according to the 2018 CEO Success study released by Strategy&, PwC’s strategy consulting business.
MoreThe FINANCIAL -- In recent years, the internet and social media have been integral to political protests, social movements and election campaigns around the globe. Events from the Arab Spring to the worldwide spread of #MeToo have been aided by digital connectivity in
MoreThe FINANCIAL -- According to a nationally representative sample of 320 Georgians, interviewed in early April 2019, the Consumer Confidence Index (CCI) decreased by nearly two index points, from -18.9 in March to -20.8 in April.
MoreThe FINANCIAL -- Salome Samadashvili: “The currency depreciated under the Georgian Dream government and the budget of the Ministry of Defence decreased as compared to 2014 because we have to make calculations in USD.”
MoreThe FINANCIAL -- Irakli Abesadze: “Thousands of jobs have been lost because of banking regulations, there is a usury problem and it is precisely because of the regulations that the World Bank and the International Monetary Fund decreased the estimated economic growth
MoreThe FINANCIAL -- More people age 23-37 are living with their moms than at any time this century, according to a Zillow® analysisi. Nearly 22% of American millennials – more than 14 million in total – live with their mom or both
MoreThe FINANCIAL -- Oil and gas firms are largely failing to disclose the information investors need to accurately assess their exposure to risk associated with climate change and the transition to a low carbon economy, according to a report by financial think tank
More