The Environmental Performance Indicator (EPI), a list produced by Yale University and Columbia University, has revealed the scoring of 180 countries and their performance regarding Ecosystem Vitality (the protection of natural resource services) and Environmental Health (i.e. progress in air pollution or protection of drinking waters that can endanger human health if not considered).

ISET was honored to host a third delegation representing the long-time partner, the Norwegian School of Economics in Bergen. A four-day program included anti-corruption seminars, public discussions, and site visits to relevant public institutions and businesses.

During the last decade, real GDP of Georgia has been steadily increasing, while share of agriculture has been decreasing. The share of agricultural output in total GDP decreased from 6.7% on 2016 to 6.2% in 2017. Agricultural output decreased in absolute terms as well by 2.6% in 2017 compared to 2016.

This year Georgia’s electricity market will have to go through some crucial reforms. The signing of the Association Agreement and Georgia’s accession to the energy community in October 2016 imposed some important obligations on the country to reform its energy markets. For the electricity market, 2018 will be a turning point.

ISET would like to congratulate two of its resident faculty members, Karine Torosyan and Norberto Pignatti, together with our visiting faculty member Maksym Obrizan, on the publication of their new joint paper “Job market outcomes of IDPs: the case of Georgia”, in the IZA Discussion Paper Series from the Institute of Labor Economics, Bonn (the series is ranked 6th worldwide for economics by IDEAS/RePEc).