28
February
2018
Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2017. Estimated growth stands at 4.7%, which is only 0.1% higher than the value forecasted in the last update of our model.
28
February
2018
In the present era of environmental and industrial change, maintaining biodiversity is essential. Doing so not only protects species and habitats, but also brings benefits for society in the form of resulting ecosystem services. In order to conserve biodiversity and fulfill the obligations defined by various international conventions and the Association Agreement (AA), the Georgian Ministry of Environment and Natural Resource Protection (MoENRP) initiated the Law on Biodiversity in 2015.
28
February
2018
Among the pleasant surprises early this year, were the figures for Georgia’s economic growth in 2017. According to GeoStat estimates, Georgia’s real GDP grew by 4.8% year over year (YoY) in 2017. This result moderately surpassed the ADB, EBRD, IMF, and World Bank’s last growth projections of 4.2%, 3.9% 4.0%, and 3.5% growth, respectively. NBG's 4.5% growth projection also slightly underestimated Georgia’s economic growth in 2017. The real winner in this race was ISET-PI’s annual GDP growth forecast.
23
February
2018
On February 23, ISET Policy Institute (ISET-PI) hosted a final dissemination event under the “Strengthening Entrepreneurial Training in the Formal TVET System” project, implemented within the small grants scheme of the Millennium Challenge Account – Georgia, and funded by the US Millennium Challenge Corporation.
19
February
2018
Like most other former socialist countries, Georgia enjoys a very high literacy level, as measured e.g. by the share of people completing secondary education. And yet, the single most problematic factor for doing business in Georgia, at least since 2013, is the “inadequately educated workforce”. Not crime. Not corruption. Not access to finance. Not faulty infrastructure. Inadequately educated workforce.
