Irina Guruli 
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
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,
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 … Read more
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 … Read more