PMC Research

Foreign Assistance to Ukraine (2022-2024)

Georgian Economic Climate (Q1, 2025)

In this bulletin, which is based on the ifo Institute’s methodology, we discuss Georgia’s economic climate according to assessments made by various Georgian economists.

Issue 150: Vocational Education in Georgia

The latest issue of Economic Outlook and Indicators in Georgia, analyzes Vocational Education in Georgia (2019 – 2023).

Employment Tracker (January, 2024)

The latest issue of Employment Tracker, produced in collaboration with Jobs.ge. The tracker produces valuable insights into the Georgian labor market as it lays out the trajectory of employment and salaries, most demanded job categories, and expectations of specific economic sectors regarding their employment plans.

Quarterly Tourism Update (Q3, 2024)

Our latest Quarterly Tourism Update offers insight into Georgia’s tourism indicators in Q3 of 2024.

Hospitality Sector in Georgia

Check out the latest issue of Sector Snapshots, focusing on Hospitality Sector in Georgia.

Household Income and Poverty in Georgia (2019 – 2023)

Our latest publication analyzes Household Income and Poverty in Georgia (2019 – 2023).

Georgia and the United States of America

The first issue of the Profile of Bilateral Relations offers an in-depth exploration of key topics of the relationship between the United States and Georgia.

Issue 7: Macro Overview

Issue seven of the Macro Overview thoroughly explores different aspects of the economy in Georgia and beyond.

Innovation ecosystems in Black Sea Countries

This analysis provides insights into the performance of these states not only in terms of innovation but also with respect to the elements shaping the innovation landscape, such as market sophistication, institutions, and infrastructure.

Ukraine in International Rankings

This publication compares the position of Ukraine in relation to two fellow EU candidate countries, namely Georgia and Moldova, to understand where it stands on European integration

News

Re-assessing Effectiveness of Sanctions on Russia: PMC Research Shares Insights at First Georgian Economic Association Conference

22-Jul-2024

On July 2-3, PMC Research partook in the 1st International Conference of the Georgian Economic Association (GEA) in Tbilisi, Georgia. Bringing together leading economists, policymakers, and researchers, the event provided an ideal platform to discuss the latest developments in economics, as well as to present recently completed research.

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PMC Research's Director Discusses Major Migration Challenges from EU Candidate Member State Perspective

11-Jul-2024

On June 13-14, PMC Research’s Dr. Giorgi Khishtovani partook in the “Changes and Challenges in the European Union” conference in Budapest, co-organized by the Trans European Policy Studies Association (TEPSA) and the HUN-REN Centre for Economics and Regional Studies – Institute of World Economics.

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PMC Research Paper Analyzes Gender Disparities in Georgia’s Pension Scheme

05-Jul-2024

On April 3, PMC Research held a working meeting to present its "Examining Gender Disparities Within Georgia's Funded Pension Scheme: Gender Pension Gap" research paper, and gathered feedback from key stakeholders.

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PMC Research Hosts “InvigoratEU: Invigorating Enlargement and Neighbourhood Policy for a Resilient Europe” Project Conference

18-Mar-2024

On 20-21 February, we hosted the “InvigoratEU: Invigorating Enlargement and Neighbourhood Policy for a Resilient Europe” project’s kick-off conference in Tbilisi, Georgia, bringing together 18 leading European research organizations, all of which are members of a consortium led by the University of Duisburg-Essen.“InvigoratEU,” a project coordinated by the EU-Chair at the University of Duisburg-Essen and the Institute of European Politics, sets out to explore how the EU ought to navigate its future relations with countries of the Eastern Partnership (EaP) and the Western Balkans.

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PMC Research Contributes to TEPSA’s “Enlargement and the Future of Europe” Book

13-Feb-2024

PMC Research recently made a significant contribution to the Trans European Policy Studies Association’s (TEPSA) book, entitled Enlargement and the Future of Europe. Notably, researchers Elene Panchulidze and Irakli Sirbiladze (both of PMC Research), along with TEPSA’s Mariam Khotenashvili, co-wrote the compelling “Seizing the EU Enlargement Momentum: Georgia’s Prospects for Joining the European Family” chapter. Specifically, the chapter focuses on Georgia’s relations with the European Union (EU).

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Periodic Issues

Foreign Assistance to Ukraine (2022-2024)

10-Mar-2025

From the beginning of the war in February 2022 up until 31 December 2024, the international community has committed a total of €399.8 billion to Ukraine, with the majority (52%) designated for financial assistance, 42% for military assistance, and 6% for humanitarian assistance. Of the committed assistance, 67% (€267.2 billion) has already been allocated. The US leads the way in terms of total commitments, with 96% of its pledged assistance already allocated.

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Employment Tracker (January, 2025)

25-Feb-2025

Our latest monthly publication, Employment Tracker, offers insights into recent developments in Georgia’s labor market. In January 2025, the number of persons receiving a monthly salary increased by 4% YoY. In January 2025, the total number of vacancies published on jobs.ge decreased by 9% YoY. In Q4 of 2024, labor market efficiency slightly increased as the seasonally adjusted unemployment rate declined slightly, while the job openings rate dropped significantly.

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Issue 150: Vocational Education in Georgia

10-Feb-2025

The latest issue of Economic Outlook and Indicators in Georgia, analyzes Vocational Education in Georgia (2019 – 2023): State expenditure on VET tripled between 2017 and 2024, with its share in total education spending rising from 3.1% to 4%. From 2017 to 2023, the number of registered students increased; however, the number of admitted students has not risen correspondingly, leading to a widening gap between registered and admitted students. The transition from secondary school to VET remains challenging, with 10.6 times more students opting for higher education, albeit the number of registered VET students has grown.

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Employment Tracker (December, 2024)

22-Jan-2025

Our latest monthly publication, Employment Tracker, offers insights into recent developments in Georgia’s labor market. In December 2024, the number of people receiving a monthly salary recorded the lowest YoY growth during 2023-2024. In December 2024, the total number of persons receiving a service fee decreased both YoY and MoM. In December 2024, the total number of vacancies published on jobs.ge decreased by 20% MoM and 5% YoY. Please refer to the full publication for more insights.

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Georgian Economic Climate (Q4, 2024)

16-Jan-2025

Our latest Georgian Economic Climate publication offers assessments of various economic developments by Georgian economists. Assessment of Georgia’s current economic situation was negative, while predictions for Georgia’s economic situation by the end of the next six months were extremely negative. Overall, their outlook was significantly more pessimistic compared to the previous reporting period. Political turmoil and exchange rate fluctuations had the greatest impact on the Georgian economy in Q4 2024. The suspension of EU membership talks was assessed negatively by all surveyed economists in terms of its effects on Georgia’s economy.

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Policy Papers

Facilitating Trade with Central Asia: Georgia’s Role as a Transit Corridor

14-Jan-2025

The Trans-Caspian route, widely known as the Middle Corridor, has become a vital trade link connecting Georgia and Central Asia, driven by significant geopolitical developments in recent years. The Russia-Ukraine war, which began in 2022, has been a key factor in this shift. As the Middle Corridor gains prominence, economic and political relations between Georgia and Central Asian nations, particularly Kazakhstan, have strengthened. This paper seeks to facilitate bilateral trade between Georgia and Kazakhstan by identifying new, potentially profitable products for exchange and exploring Georgia’s role as a transit corridor for Central Asia.

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Innovation Ecosystems In Black Sea Countries

18-Jul-2024

In an attempt to keep pace with advancements in technology and globalization more broadly, Black Sea countries have been intensifying their efforts to foster and cultivate their own innovation ecosystems.

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Taking Stock Of Greening In The Georgian Financial System

18-Jul-2024

Green finance holds great importance today when it comes to combating climate change and achieving sustainability goals by directing investments towards environmentally friendly projects. This approach promotes energy efficiency, clean transportation, and sustainable agriculture, while also mitigating greenhouse gas emissions and fostering economic growth. Ultimately, by integrating environmental considerations into financial decisions, green finance ensures a more sustainable and resilient global economy.

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Gender Pension Gap in Georgia: Gender Disparities within Georgia’s Funded Pension Scheme

26-Jun-2024

The research study analyses the gender aspects of Georgia's accumulated pension system and assesses the potential gender disparity in pensions between women and men.

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Critical Infrastructure Security and Resilience in Georgia: State of Play and Future Prospects

16-Apr-2024

In an era where critical infrastructure security and resilience (CISR) has become paramount to national security, economic stability, and public safety, nations are increasingly recognizing the importance of bolstering their protective measures and governance models. Georgia stands on the cusp of a significant reform, aimed at enhancing its critical infrastructure security and resilience. This policy paper presents an initial analysis of Georgia’s current critical infrastructure protection (CIP) landscape as well as insights from the governance models of two EU Member States, and sets out a potential path forward that could serve to safeguard Georgia’s infrastructural assets and align its policies with global best practices.

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