Ulrich Koester, Professor of Agricultural Economics at Kiel University and IAMO Visiting Research Fellow paid a visit to ISET on May 30. During his presentation, Prof. Koester provided an overview of the specifics of the agricultural sector and its impact on agricultural trade; furthermore, he clarified that traditional trade theory is of minor relevance for explaining agricultural trade policies and trade flows.

On May 21-23, ISET-PI researcher Davit Keshelava participated in the annual European Newspaper Congress in Vienna, Austria. The congress was entitled “Optimistic Journalism Thinkers and Facebook Criticism”, and focused on the main opportunities and challenges of the 'daily newspaper' medium, but the topics were much broader than the title suggested.

The tradition – and, in most cases, the only way – for Georgian entrepreneurs to finance their businesses and ideas is bank lending, so-called debt financing. However, this source of financing is very limited for start-ups and early-stage businesses, due to the high level of risk involved, the unavailability of collateral assets, and high loan interest rates, which are almost unaffordable for companies that do not generate sufficient returns yet.

The proposed project aims at strengthening entrepreneurial education and training in formal TVET system in Georgia. The project will address well-documented gaps (see ISET’s 2016 report) in the delivery of entrepreneurial training by TVET institutions.

Georgia’s agri-food export is concentrated in few products and few undemanding markets, making it highly vulnerable to shocks on a small number of commodity and geographical markets. At the same time, the diversity of climatic conditions and ample water resources create significant growth and diversification potential for Georgian agriculture