Today Georgia is facing an increasing risk of brain drain. In recent years, Georgia has been experiencing a brain drain, with an increasing number of skilled professionals, young workers, and students leaving the country in search of better economic opportunities and stability. Since independence, the outmigration of Georgians has been mostly driven by economic factors – jobs, higher wages, better working conditions, and career advancement opportunities abroad.

On 24 October, Tamar Sulukhia, Director of ISET’s Policy Institute, participated in a panel discussion at an event hosted by the United Nations. This discussion covered numerous critical topics, such as creating decent jobs within the inclusive labor market, the importance of ensuring effective decentralization, etc.

On 12 September, ISET hosted Mr. Albert Park, Chief Economist at the Asian Development Bank (ADB). In his address, he spoke to the ISET community of students and researchers about “Technology, Globalization, and the Changing Nature of work in Emerging Markets”.

RECONOMY is a 7-year program for the Western Balkans and Eastern Partnership that focuses on enabling women and young people, in particular, excluded and disadvantaged groups, to benefit from economic opportunities by inclusively and sustainably increasing their income and finding decent jobs. Its aims also include education & skills, policies & regulations, and business & financial services.

Governments around the world are racing against the clock to help communities damaged by the economic fallout of COVID-19. Eager to bring good news to their constituents, they are brokering deals likely to bring employment and much-needed international investments. Georgia, of course, is no exception. Recent FDI projects include a plastics processing plant with a stated capacity to employ 400 local workers in plastic waste recycling jobs and the associated sections of the supply chain.