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An Egg Today? Or a Hen Tomorrow? Credit Regulations in Georgia
22 April 2019

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.

Class of 2015 alumnus offered PhD placements by seven different US universities
19 April 2019

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.

Is Georgia on the Right Path to Reduce Massive Plastic Bag Usage?
19 April 2019

In September 2016, the average price of cooking one Imeretian khachapuri stood at 3.43 GEL. Compared to the previous month (August 2016) the Khachapuri Index gained 8.6%. The upward trend in Index at this time of the year is mostly related to the seasonal increase in the price of cheese (due to dwindling supply of fresh milk). While going up in monthly terms, the Index actually dropped 0.8% compared to the same time of last year (y/y). As shown in the chart, the main contributors to Khachapuri Index annual deflation were eggs (-7%) and cheese (-3%). All other ingredients increased in price: milk (1%), flour (2%), yeast (9%), and butter (17%). Interestingly, prices fell y/y for locally produced goods (eggs and cheese); prices went up for goods that are imported (yeast and butter) or use imported intermediate inputs in their production (flour and milk).

ISET BA students become IMF international competition finalists
15 April 2019

We are super excited for our undergrads, Levan Mikeladze’21 and Sergo Gadelia’21 for their huge success!

The “Achilles’ Heel” of Georgia’s Agriculture – Incomplete Land Registration
15 April 2019

“Commercialization of farmers can happen only if land consolidation occurs and farmers benefit from economies of scale” – Minister of Economy and Sustainable Development of Georgia, Giorgi Kobulia stated at the Rural Conference 2019 held in Tbilisi last week.

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