ISET-PI trains Competition Agency of Georgia Staff in the basics of econometrics and STATA. The objective of the training is to strengthen the capacity of the Competition Agency staff to use STATA to conduct independent data analysis, run OLS regressions and interpret robust results.

Over the past 30 years, Georgia went through a remarkable roller-coaster transition from being one of the best performing USSR republics to a failed state to the top reformer on the post-Soviet space and thus demonstrating that change is possible. Georgia’s experience of fast-track development and modernization through international cooperation, radical deregulation, and trade liberalization carry important lessons learned for policymakers in other transition and developing nations.

So far, 2017 has proved to be an exceptional year for ISET and its community. The school released its 10th cohort of well-educated and professional economists, with 32 students from Armenia, Azerbaijan, and Georgia joining the small but very strong community of ISETers.

Georgia has a number of laws and regulations governing water resources, dating back to the late nineties and partially amended after 2003. Changes, however, have not always followed a clear and coherent strategy. As a result, in the words of the United Nations Economic Commission for Europe (UNECE), the current legislation is an “unworkable and fragmented system”.

Back in 2014, Georgia and the European Union (EU) signed an Association Agreement, which included the Deep and Comprehensive Free Trade Area (DCFTA) between the EU and Georgia. While this agreement creates new opportunities for Georgia’s agricultural exports, high food safety standards in the EU market make it difficult to fully utilize these opportunities. This is particularly true for products of animal origin, which are subject to strict regulations.