“The type of failure we’re talking about is like how frogs lay 20,000 eggs so a few wind up as adults sitting on a lily pad sucking down mosquito dinners” is how the author of the recent Newsweek article describes the rate of failure it takes to breed a handful of unicorns-tech startups valued at more than $1 billion.

ISET takes pride in its diverse international community and uses every chance to celebrate it. The international tea party hosted in the cafeteria was an excellent illustration of this tradition. On February 6, ISET students from Armenia, Azerbaijan, Georgia, Japan, and Iran took over ISET's cafeteria to host the community with tasty delights of their home countries.

Unofficial (partial) dollarization describes a situation when a foreign currency is used alongside the domestic currency for transactions purposes and as a store value. High partial dollarization is not good for a country, as it ties the hands of its Central Bank when it wants to use monetary policy. In a highly dollarized economy, national currency depreciation can even lead to financial instability.

On February 3, 2017, Eric Livny, President of ISET and the ISET Policy Institute, held a working meeting with the newly-appointed chairman of the Competition Agency of Georgia, Mr. Nodar Khaduri, who is also a co-director of the newly-accredited ISET BA Program.

APRC is working on a research to inform the World Bank Group (WBG) on sectoral priorities in Georgia’s agriculture.