25
April
2015
On Tuesday, April 21st, Tornike Kadeishvili, Head of Scientific Board of Andrea Razmadze Mathematical Institute and Professor of Mathematics at ISET, gave a public lecture organized by ISET. The presentation was of “popular lecture” type, were Prof. Kadeishvili showed students how mathematics is used in modeling of economic events. More than 100 students and other interested individuals attended the lecture.
24
April
2015
After the collapse of the Soviet Union it was believed that tourism might become one of Georgia’s “locomotive” sectors. While the Shevardnadze government failed to develop this potential, after the Rose Revolution, tourism became a top priority. Each year since 2005, the direct effect of tourism (i.e. the money spent by tourists) alone has contributed 6-7% of Georgia’s total GDP.
20
April
2015
On April 17th, ISET was honored to welcome Her Excellency Ms. Maria van der Hoeven, Executive Director of International Energy Agency (IEA), a leading international institution in the energy sector. Prior to becoming Executive Director of IEA, Ms. van der Hoeven served as the Minister of Economic Affairs, the Minister of Education, Culture and Science, and a member of the parliament of the Netherlands.
20
April
2015
If we take a more detailed look at the prices of Kh-Index ingredients (see graph), the main contributors to y/y Khachapuri index deflation in March were cheese (-12%) and eggs (-1%). All other ingredients increased in price: flour (11%), yeast (21%), butter (6%), and milk (12%). As can be easily seen, prices fell y/y for locally-produced goods (eggs and cheese, made of fresh milk); prices went up y/y for goods that are imported (yeast and butter) or use imported intermediate inputs in their production (flour and milk).
16
April
2015
On Wednesday, April 15th, ISET hosted Archil Kbilashvili, former Prosecutor General of Georgia, currently a Partner of Mgaloblishvili-Kipiani-Dzidziguri (MKD) law firm. Mr. Kbilashvili delivered a presentation regarding the principles of law and order to the ISET community.
