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March 2020 | CCI: The March madness
21 April 2020

A nationally representative sample of around 350 Georgians, interviewed in early March 2020, reveals that the Consumer Confidence Index (CCI) has declined by a significant 13.6 index points (from -19.5 in February 2020 to -33.1 in March 2020), compared to February 2020. This is the weakest and lowest figure since March 2017.

March 2020 | The khachapuri index increases by 26.6%
21 April 2020

The data behind the Khachapuri Index is ordinarily collected in open bazaars. However, given the coronavirus situation and the related recommendations, our researchers can no longer visit bazaars to collect data. To overcome this challenge, around the end of March 2020 we constructed a short online survey and asked our readers to fill out a questionnaire on the prices of khachapuri ingredients observed in bazaars from various Georgian cities.

Business Confidence Index: businesses in the lockdown
21 April 2020

In the second quarter of 2020, BCI decreased by 53.0 index points reaching an all-time low of -27.2 points. Business confidence deteriorated significantly across all sectors. The largest decline was observed in retail trade, followed by the service industry. The decrease in BCI was driven by worsened past performance as well as drastically pessimistic future expectations.

The Social Impacts of COVID-19 – Case for a Universal Support Scheme?
16 April 2020

Beyond its impact on the healthcare system, the COVID-19 pandemic via economic shocks has already reached labor markets throughout every economy. As of 1 April 2020, ILO estimates indicate a substantial rise in global unemployment, leading to 6.7% decline in working hours in the second quarter of 2020, which is equivalent to 195 million full-time workers.

Perspectives of Post COVID-19 Recovery – views from the world regions
15 April 2020

International School of Economics at TSU (ISET) and its Policy Institute are launching a Series of International Policy Panels online. Online Policy Panels will bring together distinguished economists, policy-makers, private sector leaders, and academics from various world regions to discuss acute and challenging local and global policy issues and facilitate sharing best practices across regions.

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