ISET

On Wednesday, April 29th, ISET hosted Mr. Donghyun Park, Asian Development Bank’s Principal Economist at Economics and Research Department. Mr. Park presented recently published ADB's Asian Development Outlook (ADO) 2015 Theme Chapter “Financing Asia’s Future Growth”. ADO is the annual flagship report of the Asian Development Bank.
On the presentation Mr. Park explained the role of a sound and efficient financial system in sustaining the region’s future growth. He started with explaining the existing dichotomy in Asian countries: many Asian countries (e.g. South Korea) have world class manufacturing sectors, while financial sector is relatively underdeveloped.

On Tuesday, April 21st, Tornike Kadeishvili, Head of Scientific Board of Andrea Razmadze Mathematical Institute and Professor of Mathematics at ISET, gave a public lecture organized by ISET. The presentation was of “popular lecture” type, were Prof. Kadeishvili showed students how mathematics is used in modeling of economic events. More than 100 students and other interested individuals attended the lecture.

Prof. Kadeishvili started his presentation by showing his proof how efficiency of country’s governance can be increased through investing in education.

On Wednesday, April 15th, ISET hosted Archil Kbilashvili, former Prosecutor General of Georgia, currently a Partner of Mgaloblishvili-Kipiani-Dzidziguri (MKD) law firm. Mr. Kbilashvili delivered a presentation regarding the principles of law and order to ISET community.

Mr. Kbilashvili started his presentation by explaining the importance and influence of the law on our daily lives. Although we might not even realize it, all the actions we make on everyday bases are regulated by the law. Mr. Kbilashvili brought many examples to firm his statement.

After debriefing the basic principles, Mr. Kbilashvili attempted to clarify the difference between civil and criminal law as two broad and separate entities of law with separate sets of regulations and punishments.

On April 17th, ISET was honored to welcome Her Excellency Ms. Maria van der Hoeven, Executive Director of International Energy Agency (IEA), a leading international institution in energy sector. Prior to becoming Executive Director of IEA, Ms. van der Hoeven served as the Minister of Economic Affairs, the Minister of Education, Culture and Science and a member of the parliament of the Netherlands.

Ms. van der Hoeven visited school facilities, met with ISET faculty members and introduced findings of IEA's recent publication "Energy Policies beyond IEA Countries: Eastern Europe, Caucasus and Central Asia" to the broader ISET community (hardcopy of this publication is available in our library). Report analyzes current energy challenges and opportunities in Eastern Europe, Caucasus and Central Asia.

On Thursday, April 2nd, Giorgi Bakradze, the Advisor in Economics Issues to the President of the National Bank of Georgia, gave a public lecture organized by ISET.  The main topic of his presentation was Formation of Exchange Rate that addressed currently occurred exchange rate changes. More than 400 students and other interested individuals attended the meeting.

Mr. Bakradze started his presentation by introducing the main concepts of economics such as what is exchange rate, well-known so called the Big Mac Index, what is a difference between fixed and floating exchange rate etc.

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