On 24-25 August 2017, the International School of Economics at Tbilisi State University (ISET) with the support of the Einaudi Institute for Economics and Finance, the Tbilisi State University, and the Italian Embassy in Tbilisi (Georgia) are organizing a Workshop on Innovation and Entrepreneurship. The objective is to bring together researchers active in the field and to create an opportunity to generate discussion and interaction between local academics and policymakers and international researchers.
The Georgian Business Confidence Index (BCI)* has decreased slightly, reaching 27.0 index points, which is a -2.0 index point loss over the previous quarter. The third-quarter drop in the BCI was mostly driven by the notable decline of the Expectations Index, which judging from the previous quarter's findings, may be explained by private sector realignment with reality rather than by worsened economic conditions.
In July 2017, Georgian power plants generated 1,247 mln. kWh of electricity. This corresponds to an 18% increase in total generation compared to July 2016, when total generation of electricity was 1,061 mln. kWh. Generation also increased by 10% compared to June 2017 (1,138 mln. kWh).
Georgia’s flagging agricultural sector is receiving assistance from a number of international governments, organizations, and institutions, and ISET is right at the heart of efforts to revitalize this essential part of the national economy.
On July 18, 2017, Mr. Nicola Mariani, managing partner of Dechert Georgia LLC, visited ISET within its Summer School programme and discussed economic reforms, political transition, and development organized by the International School of Economics (ISET).