ISET is proud to announce that on Wednesday, May 28th, 2015 Lasha Labadze, Deputy Director of ISET Policy Institute, defended his Ph.D. thesis at Tbilisi State University, Faculty of Economics and Business. Lasha Labadze is the first ISET alumna who graduated from the TSU Ph.D. program in economics. His paper titled “Modeling effects of an investment in Georgian Agricultural Sector” was supervised by TSU Professor Eteri Kharaishvili, Head of Microeconomics Department. The paper is based on Computable General Equilibrium (CGE) Model. By using the unique Social Accounting Matrix for Georgia, the model estimates the indirect effects of investing in Agriculture on different economic parameters by sector and regional level: GDP, wages, prices, unemployment, export, import, etc.

ISET and ISET Policy Institute staff congratulates Lasha Labadze for his successful Ph.D. defense and sincerely wishes him further accomplishments in his professional career!