12
September
2016
Betsy’s Hotel is an establishment accustomed to hosting a wide variety of patrons from across the world. However, the gathering of mid-level and senior representatives from public, private and non-profit organizations to be awarded certificates for completing a course funded by Japan Tobacco International Georgia and run by the ISET Policy Institute is certainly unique even for a hotel with such a habitually diverse clientele.
12
September
2016
The economic significance of bees extends far beyond honey production. As the National Resource Defense Council writes in 2011 (“Why We Need Bees: Nature’s Tiny Workers Put Food on Our Tables”), the value of the honey that bees produced in the US in that year amounted to 150 million dollars, while the value of the harvested crops that were pollinated by bees was 15 billion dollars, i.e., greater by a factor of 100! Having bees around is not primarily beneficial for the beekeepers, but even more for anyone else who grows crops, fruits, or vegetables.
09
September
2016
The Georgian Business Confidence Index (BCI) has decreased marginally (-1, QoQ), but at 25.0 it remains significantly higher than it was in the same quarter last year (14.8). The third quarter decrease in the index was mostly driven by a significant decline in expectations.
08
September
2016
On Wednesday, September 7, ISET hosted Dr. Jon Hanf, Head of the Wine Economics Program at Geisenheim University, Germany, who spoke about the prospects of Georgian wine in the highly competitive German market.
05
September
2016
Starting from October 1, 2017, a private retirement savings system will be launched in Georgia as part of broader pension reform. This reform has been discussed by Nino Doghonadze and Yaroslava Babych in Decent Income in Old Age: Georgian Dream or Reality? on the ISET Economist. Today we will focus only on one very interesting aspect of the reform – the “opt-out” principle and its implementation in the Georgian realities.
