Geostat updated its preliminary estimate of real GDP growth for the third quarter of 2018. The Q3 estimate was revised downward to 3.7% (0.3 percentage points lower than the previous estimate). The real GDP growth rate reached only 2.2% year-on-year for November 2018. Consequently, the estimated real GDP for the first eleven months of 2018 was revised downward to 4.7%.

The goal of the project is to contribute to the sustainable development of mountainous regions of Georgia. The project is commissioned by Centre for Training and Consultancy (CTC) with EU funding. The following activities are envisioned within the project:

The study analyzes pecuniary economic costs and benefits associated with new policies on maternity, paternity, and parental leave in Georgia, using a state-of-the-art methodology utilized in EU member countries.

The New Year is approaching, and every Georgian family is already preparing for this festive event. And so is the ISET-Policy Institute. We are keeping with our tradition and cooking up a special edition of the Khachapuri Index for our readers: a “New Year’s Supra Index”. This Index shows the cost (in GEL) of a standard supra meal for a family of 5-6 people in each of Georgia’s regions.

Why do we care about competitiveness in energy markets? And, what are the benefits of increased competition from the supply side of the electricity market?