The CCI, which is computed by ISET-PI on a monthly basis, monitors how Georgians feel about their personal financial situations and the economic well-being of the whole country. Roughly speaking, the index is computed as the difference between the frequencies of positive and negative answers to 12 questions covering the present and expected economic situations of the households surveyed, as well as general economic parameters of the country, such as inflation and unemployment.
One glance at the ₾Khachapuri Index chart (for locals) tells the whole story of Georgian agriculture. Left to fend for themselves during the cold winter months, Georgian cows produce very little milk, sending dairy prices through the roof. Conversely, milk production peaks with the arrival of sunny weather and green fodders in early spring, leading to a collapse of milk prices.
Vocational education and training (VET) reform has been at the top of the reform agenda in Georgia for several months. The government authorities perceive reforming VET as a solution to a range of interconnected challenges the country faces, such as labor market mismatches, the “over-education” trap, high unemployment, as well as poverty rates.
Facilitating cooperation among Georgia’s smallholders is one of the main focuses of the ENPARD project, of which ISET is a (small) part. ENPARD has been active in Georgia since 2013, and its work has been extensive and its efforts invaluable. An evaluation effort coordinated by the ISET Policy Institute has uncovered some interesting facts and figures from the comparative analysis between 2014 and 2015.
ISET Policy Institute presented research results on internal migration in Georgia at an international conference “Recent Migratory Processes and Europe: Challenges and Opportunities” that took place on September 29-30th in Tbilisi Biltmore Hotel. The presentation had already been given in the week before at a conference of the Stockholm Institute of Transition Economics in Kyiv, Ukraine, and two weeks earlier at a workshop on regional economics held at the Ural Federal University in Ekaterinburg, Russia.