On November 2, ISET hosted Francois Painchaud, the IMF Resident Representative in Georgia. Mr. Painchaud presented the 2016 November Regional Economic Outlook for the Caucasus and Central Asia, highlighting three main areas: global and regional environment, outlook and policy actions, and policy priorities.

At the beginning of the presentation, Mr. Painchaud overviewed the main trends in the global and regional environment. Firstly, the IMF predicts lower real GDP growth in 2016 relative to the previous year. This tendency is mainly driven by growth slowdown in the US, Eurozone and China. Secondly, predictions for 2017 are much more optimistic, mainly at the expense of higher growth projections in the US, Russia and emerging markets.

ISET Policy Institute executive director Lasha Labadze attended the fourth annual ADB-Asian Think Tank Development Forum 2016 on October 27-28 in New Delhi, India, organized by the Indian Council for Research on International Economic Relations (ICRIER), the National Institute of Public Finance and Policy (NIPFP), and the Asian Development Bank. The forum discussed the latest global and regional policy developments and country-specific experiences on sustainable urbanization. The forum was attended by roughly 30 think tank members of the ADB-Asian Think Tanks Network from Asia and the Pacific. Dynamic and fruitful discussions resulted in the exchange of international experiences regarding sustainable urban development.

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