African Union GDP Per Capita 2013
The African Union (AU) is a continental union consisting of 55 member states located on the continent of Africa. The AU's future goals include a customs union, a single market, a central bank,…
Macroeconomics
Welcome to the Macroeconomic section. Here, I explore the intricate world of macroeconomics with a special focus on the geography of the European Union, Baltic States, and the Caucasus, particularly Georgia. I cover a wide range of topics, including GDP, salaries, inflation rates, and economic policies.
Electric power consumption (kWh per capita) in Former Soviet Union 2011
In the wake of the recent power outage in Tbilisi, I decided to delve into electric power consumption in the Former Soviet Union (FSU) space. In this article, I explore the kWh per capita consumption…
EU Member States' GDP: A Closer Look at Europe's Economic Strength and Diversity (2014)
The European Union (EU) is a massive economic force, with a combined GDP that would make it the world's largest economy if it were viewed as a single entity. However, it is important to remember…
GDP In Former Soviet Union 2013
The GDP of the former Soviet Union countries has been a topic of interest for many economists, politicians, and individuals alike. The economic performance of these countries is seen as an indicator…
GDP Per Capita in European Union 2013
Back in 2013, the European Union (EU) was a political and economic union of 28 member states that were located primarily in Europe. While the European Union consists of 28 member states. Some…
GDP Per Capita In Former Soviet Union Countries 2013
The collapse of the Soviet Union in 1991 marked the beginning of a new era for the countries of the former Soviet Union. With the fall of the Soviet regime, many of these countries were left to fend…
Minimum Wages in European Union 2014
The minimum wage is set by the government as the minimum standard of guaranteed income (hourly/monthly) that a worker should receive for the work he/she performs. In 2014, there were 22 countries out…
Inequality of Minimum Wages in Former Soviet Union: An Updated Look in 2014
It has been six months since I last analyzed the minimum wages in the former Soviet Union. Although it is not a major factor in economic growth, the minimum wage is still a relevant indicator in…
GDP per capita in Ukraine: Past, Present, and Future (2014)
The Ukrainian economy has struggled to reach its full potential, with a GDP per capita of $3,866 thousands in 2012. Despite recent developments, such as the signing of the Association Agreement with…
GEL to USD exchange rates Mid - April 2014
It has been awhile since I last time examined GEL/USD exchange rates. Last time I did that, I was pretty worried about hidden devaluation of Georgian national currency Lari. During the…
How many beers you can buy in Europe for minimum wage?
I like charts and graphics, who doesn't? Well Reddit user Adilu, has created a map of how many beers you can buy in Europe for a minimum wage:According to map - most beers you will get in Belgium =…
Latvia Joins the Euro Zone (2014): A New Era Begins
Latvia is set to become the latest member of the Eurozone when it joins on January 1st, 2014. This will make the 17-nation currency bloc one country bigger, following the lead of two other former…
Inside Transnistria: Unrecognized State Between Moldova and Ukraine
Transnistria is a breakaway region located in Eastern Europe, sandwiched between Moldova and Ukraine. The region has been unrecognized by the international community since it declared independence in…
Why Many Political Leaders Skipped the 2014 Sochi Olympics
The Olympic Games are a global event that brings together the world's top athletes in a spirit of international cooperation and friendly competition. However, the Sochi Olympic Games in 2014 were…
Minimum Wages in the Former Soviet Union: A Look at 2013
The former Soviet Union was a vast region that encompassed a number of countries with distinct cultures, economies, and political systems. In 2013, the region was still recovering from the economic…
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