Tag Archives: economy

TESLA can no longer compete with the Chinese companies inside China

An interesting article about how Tesla has been beaten by Chinese EV manufacturers at its own game. They are making better and cheaper EVs than the Tesla or any other Western car company. The only hope for Tesla is protectionism … Continue reading

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Inflation in the Republic of George effectively at zero

Inflation is under control along with government spending. True the economy is not as robust as it was, but that may improve as things stabilize. http://www.civil.ge/eng/article.php?id=26411

Posted in Find a Free Country Project, Republic of Georgia | Tagged , | 1 Comment

IT Coop and Virtual Trade Zone in Republic of Georgia

http://www.upsoni.com/blog/?preload=virtual_trade_zone.txt This fellow is an American living in Georgia looking to start an IT Coop. I am not 100% sure what his plans are, but they are interesting. Of very real interest is the concept of a Virtual Trade Zone. … Continue reading

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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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