ISET Policy Institute is seeking a Projects Officer who will be responsible for the day-to-day coordination of ISET Policy Institute's activities.

In April 2019, Georgian power plants generated 966 mln. kWh of electricity. This represents a 9% decrease in total generation, compared to the previous year (in 2018, total generation in April was 1,064 mln. kWh). The decrease in generation on a yearly basis comes from the decrease in hydro and wind power generation (-21% and -27%), more than offsetting the increase in thermal power generation (+348%).

Various business support programs have been implemented in many countries across the world. Grants, interest-rate subsidies, and equity participation are among some of the most adopted tools for promoting firms’ performances (Dupont and Martin, 2006). Such assistance programs also have their own objectives. For example, low-interest rate loans and cash transfers to new and small firms are designed to overcome the financial constraints many firms face (Hubbard, 1998).

Around two years ago, ISET-PI published a blog article on the problem of over-indebtedness in Georgia. The article stressed the idea that due to notably increased access to finances, an aggressive marketing campaign provided by financial institutions, and poor socio-economic conditions throughout the country, Georgians (particularly the poorest) are mired in a swamp of debt, from which they are unable to escape.

ISET is pleased to announce that Irakli Shalikashvili (who graduated as part of the Class of 2015) was accepted with full university funding for the Economics Ph.D. program at the University of Notre Dame. Having worked for two years as a researcher at the ISET Policy Institute and subsequently as a lecturer, Irakli decided to continue his education abroad.