11
October
2021
The development of the ICT (Information and Communications Technology) service sector is one of the strategic priorities for the Georgian economy. The sector is characterized by the unique potential to contribute to the country’s long-term growth, create positive productivity spillovers into other industries, and, in the longer term, transform the existing industrial structure of Georgia by moving away from primary production and primary exports.
27
September
2021
Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2021, which now stands at 29.9%. The real GDP growth rate reached 9.9% year-on-year in July 2021. Consequently, the estimated real GDP for the first seven months of 2021 amounted to 12.2%.
01
September
2021
More gender equity means more development. Improving gender equity is not only a goal with an intrinsic value. A substantial body of research highlights the linkages between gender equity and the achievement of other development goals, such as health, education, social and economic rights fulfillment, and even growth.
25
June
2021
Considering the significance of a green post-COVID recovery, alongside the importance of maintaining an ecological diverse economy, ISET Policy Institute has spent almost two years developing its Climate Policy Analysis Model. The model, funded by the Swedish International Cooperation Agency (Sida), helps to highlight the climate change adaptation and mitigation agendas, which are ultimately vital for Georgia’s overall economic development and growth.
21
June
2021
The World Bank (June 2021) estimates that global GDP growth will reach 5.6% year over year (y/y) in 2021. Though thus rebound is uneven, with growth concentrated mainly in advanced economies and developing countries set for a slower recovery.