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The Georgian Tax Lottery Experiment after Seven Years
06 December 2019

More than three decades ago economists famously concluded that tax compliance is rather irrational behavior. Literature, across a wide range of disciplines, has since been overflowing with analysis as to why we see so much tax compliance in the modern world. The academic literature is concerned with why people pay so much tax or why so many people pay taxes, therefore policy-makers can gain an understanding of the underlying mechanisms, which thus allows them to design appropriate policy actions to boost revenue efforts.

Data Visualization workshop ends; TBC Bank awards BA and MA competitors stipends
05 December 2019

On December 5, the Effective Data Visualization workshop – which was hosted by ISET in collaboration with ForSet and DarkHorse Analytics of Canada – officially came to a close when an award ceremony was held for those participants whose academic performance, significant achievements in data-related economics subjects and outstanding motivation to build future careers in the data-driven economy were of the highest. The winning team received a prize worth 1000 lari.

Inclusive and Sustainable Development of The Mountainous Regions: Myth or Reality?
03 December 2019

Mountains cover 54% of Georgia’s territory. People living in those areas represent the most vulnerable group of Georgian society. Land erosion and climate change are prevalent in the mountains; unsustainable use of natural resources (forests in particular) and limited access to infrastructure pose significant risks to the lives of people there.

ISET representative attends economic meeting in Tajikistan
02 December 2019

On November 28-29, Deputy Head of the APRC Salome Gelashvili attended the annual "Dushanbe Economic Meeting 2019" conference in Tajikistan. The conference was organized in the framework of the "Towards Rural Inclusive Growth and Economic Resilience" project (implemented by) GIZ and was devoted to the topic of developing the competitiveness of the agro-industrial complex in Tajikistan.

November 2019 | Annual inflation in the khachapuri index reaches 12.6%
29 November 2019

The Khachapuri Index continued its upward trend in November 2019, with the average cost of cooking one standard Imeretian Khachapuri reaching 4.1 GEL. This is 6.1% higher month-on-month (compared to October 2019), and 12.6% higher year-on-year (compared to November 2018).

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