It is with great sadness that ISET announces an enormous loss to the institution – Mr. Roy Southworth, former Chairman and Chairman Emeritus of the ISET Governing Board, passed away on July 23. He was a most dedicated friend of the broader ISET community, an inspiring development professional, a highly generous contributor, and a brave man with a big heart.

The International School of Economics in Tbilisi (ISET, www.iset.ge/www.iset-pi.ge) is seeking an Executive Assistant to the Director.

On July 18th, 2019, the ISET Policy Institute hosted a summary event of the ReforMeter project, the exact topic of which was “3 Phases of Reformeter: What are the benefits?” The goal of the meeting was to summarize the three phases of the project and to discuss its results and challenges.

The International School of Economics at Tbilisi State University (ISET, www.iset.ge) in Tbilisi, Georgia seeks to make an appointment at the ISET Policy Institute (www.iset-pi.ge), a leading economic policy think tank in the South Caucasus.

People face complicated financial decisions starting from a young age. Financial mistakes made early in life can be costly. Thus, Financial literacy could play an important role in sound financial decision-making. Financial illiteracy has implications for many household behaviors. People with the lack of financial literacy participate less in the stock market (van Rooij et al. 2011), choose mutual funds with higher fees (Hastings and Tejeda- Ashton, 2008), and accumulate less retirement wealth (Behrman et al. 2010).