The policy brief presents a Computable General Equilibrium (CGE) model designed for Georgia by the ISET Policy Institute to evaluate the impact of potential new Free Trade Agreements (FTAs) with the USA, India, and South Korea.
The SCGEI (South Caucasus Gender Equality Index) provides policy-makers, independent researchers and the general public with a unique evidence-based tool to inform policy actions, an objective way of measuring gender inequality, and an inclusive platform to initiate dialogue and further analysis of the underlying issues and potential solutions.
The objective of this study was to assess the economy wide indirect benefits of investments in the East West Highway (EWH). This study has used a computable general equilibrium (CGE) model, which simulates indirect benefits associated with the completion of the upgraded road corridor.
On November 13, 2013, ISET hosted a presentation of the preliminary results of “Support in Economic Policy Analysis Using CGE Modeling in Georgia,” an ISET Policy Institute project that started in December 2012 with the financial and technical support of GIZ’s Private Sector Development Program South Caucasus.
Computable General Equilibrium (CGE) model is an analytical tool commonly used by countries and international financial institutions to simulate policy interventions. CGE applications are not limited to any particular policy area. Their usefulness is highest when the simulated policy intervention is expected to generate significant feedback effects or spillovers into sectors that may not be directly affected.