Bread Price Attests to Foul Deals
- Created on Tuesday, 30 October 2012 07:09
Bread price ups and downs speak of dirty deals and monopolies in this sector of Georgian economy. As soon as the election campaign fever passed away by October 1, 2012, Georgian consumer faced a 15-20% growth of bread prices – prices on all sorts of bread went up by 5-10 tetri. The price hike did not come as a surprise in fact as far as the prices for wheat and corn increased significantly during the summertime on international market and the only reason bakeries held old prices, was the political pressure of the ruling National Movement party [which became an ex-power after the elections] to gain hearts of electorate during the election campaign.
Georgian Agriculture: The Birth of a Hub?
- Created on Thursday, 25 October 2012 06:00
Entrepreneurs and policy makers are betting on new initiatives to bolster agriculture production in the country – and take the first steps to turning Georgia into an export and reexport hub for food products.
Small Hydropower Plants: No Competition in a Competitive Marketplace
- Created on Monday, 22 October 2012 06:52
Economics suggests that competition in a market brings more welfare to a country. Anti-monopoly agencies exist to create policies that limit market dominance and achieve competition. There are, of course, cases when natural monopolies emerge (for example, railways – where no one would build a parallel line to an existing one) and the solution to prevent monopolies in such instances is to regulate the businesses or take them into state ownership. It is, however, difficult...
Pakistan export sheep cleared – but still in limbo – National Rural News – Livestock – Sheep – Queensland Country Life
- Created on Thursday, 18 October 2012 04:25
An interesting and not unexpected result.
INDEPENDENT test results have proven the Australian sheep exported to Pakistan by Wellard last month to be healthy and disease free.
But the industry will keep the market in voluntary suspension for an indeterminate period, regardless of what happens to the remaining 10,000 sheep.
A statement from Wellard
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