25 Mar

The Story of Stuff

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I’ve written before on consumption in the Caucasus, but here’s a 2012 update.

flickr

Any interesting ownership differences? Azerbaijanis like A/C, I guess.

flickr

No major differences here, but looks like Armenians love their phones!

flickr

People bought this stuff pretty recently.

I admit, this isn’t the most interesting analysis, but because it is so difficult to measure wealth in the Caucasus, I think looking at consumption habits is a good way to get a sense of how people are doing economically.