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Global Food Price Shocks Transmission to Local Markets and Welfare Implications for Georgian Households
Global Food Price Shocks Transmission to Local Markets and Welfare Implications for Georgian Households
30-Apr-2015

In the period of 2003 - 2013, real growth of GDP averaged 6.3% in Georgia, however the benefits of the growth has not been equally shared among different groups of population. Despite the robust growth over the past ten years, as of 2013, 9.3% of total population remains below the poverty line. This poses significant challenges to the food security policy in Georgia. According to the Global Hunger Index1 (GHI) measured by the International Food Policy Research Institute, Georgia lags behind most of the countries in the region in terms of food security.