September 17-18 2018, the APRC’s Rati Kochlamazashvili and Pati Mamardashvili conducted a training exercise for Civil Society Organizations (CSO) running Social Enterprises (SE) in value chain analysis and development. In the recent years, SE development in Georgia has been supported by various organizations, including the Europe Foundation (EPF). The biggest challenge of currently-operating SEs in Georgia is a lack of entrepreneurial thinking and related activities. This seriously hinders their development; most SEs continue to depend on external funding and are far from achieving long-term sustainability. In the framework of the capacity-building program for SEs, the EPF contracted APRC researchers to conduct a two-day training program in value chain analysis. A total of 25 representatives of SEs operating in different sectors (agriculture, manufacturing, services) in Georgia attended the training, which was held at the Holiday Inn hotel in Tbilisi.
Georgia committed to harmonize its electricity market legislation with EU Third Energy Package and liberalize it according to the accession protocol with the Energy Community. These structural changes are expected to contribute to a more efficient functioning of the Georgian electricity market and to support its development. The hope is that this will enhance the enabling environment for hydropower (and, more generally, renewable energy sources) development, in line with the strategy of Government of Georgia (GoG) for the further development of the energy sector. The Electricity Trading Mechanism (ETM) will also enable neighboring countries to transit electricity through Georgia to Turkey and beyond.
ISET Policy Institute collaborated with Gesellschaft für Internationale Zusammenarbeit (GIZ) starts a training course about integrating ecosystem services into local development planning. Integrating Ecosystem Services into Local Development Planning is a piloting program which will be held for two local self-governing bodies – Akhmeta municipality and Dedoplistskaro municipality. The training consists of two modules: an introductory (3 full day training) and advanced (4 full day training) modules. Training program aims to improve the capacity of local authorities to identify and deal successfully with the trade-offs between social, economic, and environmental aspects arising from the implementation local development strategies.
ISET-PI trains Competition Agency of Georgia Staff in the basics of econometrics and STATA. The objective of the training is to strengthen the capacity of the Competition Agency staff to use STATA to conduct independent data analysis, run OLS regressions and interpret robust results. Starting from the data entry, the course introduces ways of running various operations, including operations on variables. The course is divided in two main parts: in the Introductory part participants are introduced with the principles of the software and basic commands to manage software; in the more advanced part participants are introduced to basics of econometrics starting from hypothesis testing using the software and Ordinary Leas Squares regression (OLS) analyses.
ISET is implementing a new training program, "Economics, Finance and Banking," with VTB Bank. The aim of the program is to introduce VTB Bank's employees to the major principles of economics, finance and banking. The training program is now being conducted twice a week for 20 employees. The ten-module training program is structured around the most important elements of economic understanding. The program covers how markets work in an open economy, how the exchange rate is formed, why we should worry about inflation, external disbalances, unemployment, what hinders economic growth, the benefits of free trade agreements, the role of the central bank, how monetary and fiscal tools work, etc. Each topic is based on real-life domestic examples that are the most pressing in Georgia.
ISET Policy Institute together with Japan Tobacco International (JTI) Georgia offers free of charge training program "Leaders in Development". The program is designed for anybody who is involved in, or is affected by, public policy decisions: government analysts and decision-makers, parliament staffers, private sector executives, civil society activists, as well as development professionals working in international organizations. The ten modules of the program tackle some of the most important challenges of Georgia’s economic development, with a focus on how policy decisions (or indecision) directly and indirectly affect Georgian society, businesses and households. For example, we will discuss the implications of changes in tax administration and taxation (corporate, income, excise, VAT) on prices, investment, domestic production and consumption, human capital and labor supply.