01
June
2021
We are honored and delighted to announce that the BA and MA in economics programs of the International School of Economics at Tbilisi State University (ISET) are now officially accredited by the international quality assurance agency, FIBAA. As a result of this achievement, ISET’s degree programs are presently the only internationally accredited programs in Georgia within the field of economics.
31
May
2021
The average cost of cooking one standard Imeretian khachapuri currently stands at 4.33 GEL, which is 6.9% lower month-on-month (compared to April 2021), and 5.6% higher year-on-year (compared to May 2020). The main contributor to the price change is a seasonal decrease in the price of cheese, which fell by -13.1%, compared to the previous month (April 2021).
31
May
2021
The International Labour Organization (ILO) Domestic Workers Convention, 2011 (No. 189), aims to promote decent work for all and to ensure fundamental protections and rights to domestic
28
May
2021
In April 2021, Georgian power plants generated 825 mln. kWh of electricity. This represents a 13% decrease in total generation, compared to the previous year (April 2020, the total generation was 944 mln. kWh). The decrease in generation on a yearly basis comes from the decrease of 4% in hydropower generation, as well as, from decrease in the generation of thermal and wind power by 56% and 18%, respectively.
28
May
2021
ISET’s is pleased to announce that two of our lead economists, Yasya Babych and Luc Leruth, have teamed up to create their latest blog (Balancing ‘Maintenance’ and ‘Investment’) alongside Christiane Roehler, a Senior Economist at IMF. Their blog is currently available directly on the IMF’s blog platform.