PMC Research has recently started working on a new project aiming to develop practical and effective mechanisms that will contribute to the institutional strengthening of vocational education and training (VET) institutions in Georgia.
On September 19-20, PMC Research participated in a conference organized by the Center for Training and Consultancy (CTC) and presented three research reports which related to identification of functional regions and analysis of competitive advantages.
During June and July, PMC Research visited Lagodekhi, Ambrolauri, Marneuli, Mtskheta, Gori, Akhaltsikhe, Zugdidi, Lanchkhuti, Batumi and Kutaisi municipalities as part of the EU project - “Networking for Efficiency and Development (N4ED) – a News Modality for Effective Local Self-governance in Georgia.
In Georgia, the average cost of a room1 in a 3-star hotel was 151 GEL per night in August 2019. While the average cost of a room in a 4-star hotel in Georgia was 230 GEL per night and the average cost of a room in a guesthouse2 was 75 GEL per night.
In July 2019, compared to July 2018, hotel prices in Georgia decreased by 6.5%. The prices of 3*, 4*, 5* hotels decreased by 8.7%, while the prices of guestouses decreased by 2.8%. In July 2019, compared to July 2018, the number of international travelers trips in Georgia increased by 5.8%, and among the international travelers, the proportion who stayed in Georgia for 24 hours or more (classified as tourists) increased by 1%.
The World Economic Survey (WES) assesses global economic trends by polling transnational and national organizations worldwide on current economic developments in their respective countries. Its results offer a rapid, up-to-date assessment of the current economic situation internationally. In July 2019, 1,173 economic experts in 116 countries were polled.
The aim of this newsletter is to briefly examine the roots of the gender pay gap in Georgia, to reveal the differences of average wage in various sectors, distributions of labour force according to gender and hourly wages for males and females. Due to data limitations, only the wages of hired employees are considered.
The research aims to study the current state of affairs in the rural economy and to identify steps towards its diversification by analyzing the vision, strategy and programs of the Government of Georgia, as well as regional and municipal authorities. We evaluated the development potential of linkages between farm and non-farm sectors and basic factors supporting the diversification of the rural economy.
This paper examines the status of SME finance in Georgia and the involvement of Georgian SMEs in global value chains. The role of SMEs in Georgia’s economy, SME funding, and the status of financial inclusion for SMEs are analyzed. Moreover, the level of financial literacy and skills of SME entrepreneurs is discussed. Furthermore, the paper analyzes the Georgian agricultural sector’s value chain and the involvement of this sector in global value chains by discussing the case study of the hazelnut. An analysis of the agricultural sector’s value chain financing in Georgia is carried out, its availability and development are discussed, and best practices of value chain financing are analyzed. Based on existing information, the paper identifies barriers to SME finance in Georgia and proposes policy recommendations and immediate actions with regard to existing government policies.
The main objective of the research is to study the extent to which the measurement of progress and the use of measurement data play a role in Georgian policymaking.
The research was conducted by PMC Research in collaboration with People in Need, as part of the EU project “Regional Civil Society Organizations Supporting Free Trade with Europe.”
The study aims to map and analyze the private sector in Tbilisi, Samegrelo-Zemo Svaneti region (Senaki, Zugdidi, Tsalenjikha, and Poti municipalities) and Kvemo Kartli region (Marneuli municipality).
The assessment methodology entailed a combination of desk research and qualitative study. During the desk research, the size of the market in each of the target regions was studied and, by using the economic potential component of the Smart Specialization methodology, a private sector assessment was conducted. Smart Specialization is an approach that has been elaborated by the European Union (EU), and is widely used when analyzing national and regional competitiveness.
Under this approach, we have identified vital economic sectors (concentrated and competitive economic sectors) for the targeted regions, by using regional analysis methods such as location quotient (LQ) and shift-share analysis. With the help of shift-share analyses, competitive sectors for the targeted regions were identified, while concentrated sectors were identified by using LQ. After identifying concentrated and competitive sectors for targeted regions, the sectors which were both concentrated and competitive were chosen. If there was no such sector in a given location, then sectors were selected based on the shift-share analysis results. In addition, by applying enterprise birth and survival analysis, we identified economically active sub-sectors within each selected sector.