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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.

Quarter 1 2020, Macro Review | Early signs of pandemic
15 April 2020

In March 2020 as a result of the COVID-19 pandemic, the global economy started to sink into what is expected to be the deepest worldwide recession since World War II. Despite unprecedented policy support, the majority of countries have failed to soften the fallout from the crisis. According to World Bank estimates, global GDP will contract by 5.2% year over year (y/y) in 2020. The United States and Euro Area are projected to shrink by 6.1% and 9.1% respectively, while the Chinese economy is expected to grow at just 1% in 2020.

Feasibility study for the polypropylene production in Georgia
13 April 2020

The possibility of own polypropylene production inside Georgia has been an important topic of governmental policy and strategy discussion during the COVID-19 epidemic. The study looks at both technical and economic feasibility of producing polypropylene in Georgia using several alteranative methods.

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