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NBG Governor: Importance of Monetary Policy for Economic Development
23 January 2019

On Wednesday, January 23, ISET hosted the Governor of the National Bank of Georgia (NBG), Mr. Koba Gvenetadze. Mr. Gvenetadze delivered a profoundly informative lecture about the importance of monetary policies for economic well-being, discussing issues such as the importance of the price stability objective, inflation targeting frameworks (specifically why it is so crucial to avoid both deflation and high inflation), and the efficiency of monetary policy transmission mechanisms under a flexible exchange rate.

January 2019 GDP Forecast | Georgia’s overall GDP growth softens at the end of 2018, while exports, remittances, and tourism continue to expand
21 January 2019

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%.

Identification of sectors with high potential for economic growth in the mountainous regions of Georgia
01 January 2019

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:

Technical assistance for conducting economic analysis for ıntroducing a new policy for maternity, paternity and parental leave in Georgia
31 December 2018

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.

December 31, 2018 | New year supra index – 2018 edition!
31 December 2018

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.

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