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ISET Launches Innovative New Modern Data Analysis Program
21 November 2018

As part of its MA in Economics program, ISET has launched a new Concentration in Modern Data Analysis (MDA), which is aimed at providing young professionals with expertise in data (including big data) management and analysis using modern analytical tools.

Money Can’t Buy Happiness. Or Can It? A Case Study from Yerevan
20 November 2018

I have been living away from Yerevan for four years. Over these years, every time I visited my city, I noticed more and more new (and fancy) cafes. Over time, I also noticed that café visits seemed to grow in numbers and I started wondering whether it was just my impression or the reality. I have been particularly puzzled by the paradoxical nature of the fact that people always complain about their wages and living standards, yet they do not mind spending money in cafés.

October 2018 | CCI: Did highly educated young male consumers from Tbilisi drive consumer confidence down?
20 November 2018

According to a nationally representative sample of 331 Georgians interviewed in early October 2018, the Consumer Confidence Index (CCI) dropped by 2.8 index points, from -15.2 in September to -18 in October. A similar pattern was observed in both sub-indices: the Present Situation Index went down by 5.3 (from -17.3 to -22.6), and the Expectations Index by 0.2 index points (from -13.1 to -13.4) compared to September.

Solving Insolvency
19 November 2018

It is that time of year again when our world starts revolving around the World Bank’s Doing Business publication. It is a time when we once more have the chance to brag about how easy it is to start a business in Georgia, about how small the tax burden on businesses is, and about how good we are at enforcing contracts.

November 19, 2018 | Cheese prices slightly decrease, but at what expense?
19 November 2018

The average cost of cooking one standard Imeretian khachapuri in October 2018 was 3.59 GEL, which is 1.1% higher month-on-month (compared to the previous month), and 1.2% lower year-on-year (compared to the same month of last year).

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