Category Archives: Republic of Georgia

A Candid Review of the Political and Economic Situation in the Republic of Georgia – Things are not that bad, but they are not as rosy as some claim

http://ifair.wordpress.com/2012/06/20/the-political-economy-of-georgias-transformation-before-and-after-the-rose-revolution/ “Taking into account the overall development of the political economy of Georgia since 2003, it can be concluded that the ‘success story’ of the country’s transformation is not as shiny as framed by many. W Institutional economists have outlined … Continue reading

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Interest Rates on Timed Deposits (CDs) in Republic of Georgia

http://www.republic.ge/index.php?sec_id=460&lang_id=ENG The above links to Bank Republic, one of many stable banks in the Republic of Georgia. Interests rates are 7.5% for 3 months terms, and 10% for 12 months terms in Georgian Lari. In USD it is 5% and … Continue reading

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