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Trade Costs and the Two Globalizations: 1827-2012
25 February 2015

On Friday, February 20th, Jules Hugot from Sciences Po (Paris) gave a presentation of his job market paper "Trade Costs and the Two Globalizations: 1827-2012".

New Labor Migration Law – Homemade Explosive Device in the Making
06 February 2015

On September 1, 2014, the Georgian society woke up to a very unpleasant reality – after years of extremely welcoming visa regime which put the country on the map as an attractive tourist and foreign direct investment destination, a new migration law regulating foreigners admission and stay in Georgia came into effect.

Career Guidance for Unemployed Georgians
28 November 2014

One of the most puzzling aspects of the Georgian labor market is what is known as the “qualification mismatch”. While unemployment is high, many positions remain vacant due to a lack of qualified applicants.

Meeting Qualification Mismatch with Vocational Training
31 October 2014

While in an ideal world the qualification preferences of job seekers and employers would coincide, in reality this is often not the case. Besides informational asymmetries (job seekers not knowing which qualifications are demanded by employers) the reason is that employers may be in need of qualifications that are not considered attractive by the job seekers.

How Much Regulation Does a Country Need?
10 October 2014

After the great success in preparing and delivering the Young Bankers training program for ProCredit Bank Georgia, a new training program for senior bank staff was developed and conducted in Tbilisi and Batumi in 2012. Three different groups participated in the program. These three groups consisted of employees from two departments - The Medium Loans Assessment Department and Corporate Client Service Department. In this particular program, four modules were incorporated: General Microeconomics; General Macroeconomics; Banking and Data Analysis

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