Irina Guruli

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About Irina Guruli

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So far Irina Guruli has created 8 blog entries.

Emergence of entrepreneurship in Georgia

By | June 10th, 2014|Categories: Opinion|Tags: |

Irina Guruli is Program Manager at the Economic Policy Research Center. Georgia’s economy is made of two components: the so-called formal sector and the “unobserved” part. In the observed part of Georgian economy, 96 percent of all registered firms are small or medium sized enterprises (SMEs). However, there are many registered firms […]

Managing non-performing loans in Georgia

By | February 12th, 2014|Categories: Opinion|Tags: , |

Irina Guruli is Program Manager at the Economic Policy Research Center. TBILISI, DFWatch–The problem of bad loans gets huge attention nowadays. It has become a headache for all from bank managers to government authorities. Bad loans were basically the driver of the recent world economic downturn. The situation is no different in Georgia. […]

Understanding Georgia’s Foreign Direct Investment Trends

By | May 11th, 2013|Categories: Opinion|Tags: , |

Irina Guruli is Program Manager at the Economic Policy Research Center. Foreign Direct Investment (FDI) inflows to Georgia fell significantly from the second quarter of 2012, closing the year 23% down from 2011. After several years of steady recovery, this is a serious concern for policy makers. Georgia’s domestic capital market is […]

Twin Deficit

By | April 1st, 2013|Categories: Economy, News, Opinion|

Irina Guruli is program coordinator at the Economic Policy Research Center. Twin deficit is a situation where a country’s economy is running two deficits at the same time: a fiscal deficit, and a deficit on the current account of the balance of payments. According to the twin deficit hypothesis, persistent fiscal shocks cause a deterioration […]

Inflation in Georgia – Causes and Cures

By | July 17th, 2012|Categories: Opinion|Tags: , |

In 2011 inflation can be regarded as one of the major challenges for the Georgian economy, writes Irina Guruli, program coordinator at the Economic Policy Research Center. Even though Georgia has been successful in suppressing the inflationary pressure […]

Budgetary Expenses and State Debt in Georgia

By | March 5th, 2012|Categories: Opinion|Tags: |

Social expenses comprised the largest share in the State budget of Georgia in 2011, with 30% of total expenses directed towards this category. Dynamics indicate clearly that the budget is getting more and more burdened by the social obligations, writes Irina Guruli, […]

The role of remittances in Georgian economy

By | January 11th, 2012|Categories: Opinion|Tags: |

Remittances constitute 6% of the country’s gross domestic product (GDP) and outweigh the inflows of both grants and FDIs in Georgia, writes Irina Guruli, program coordinator at the Economic Policy Research Center. International remittances are personal flows of money by migrants to family and friends in their countries of origin. With more than 215 million people living [...]

Employment and Unemployment Trends in Georgia

By | November 15th, 2011|Categories: Opinion|Tags: , |

In order to assess the economic condition of a country, economists look at a various number of statistics. Besides the level of real Gross Domestic Product (GDP) that measures the country’s economic output, one statistic that attracts attention from the economists as well as the general public is the unemployment rate in the country. Unemployment imposes [...]