The unique cross-country study compares interest rates for a set of retail credit products in Georgia and select transition economies. Preliminary findings suggest that the cost of credit in Georgia is lower than in the CIS countries which have been covered by the survey (namely, Kazakhstan, Russia, Ukraine and in many cases Armenia) while it’s somewhat higher compared to a cohort of Central and Eastern European Countries (CEE) - this is true especially for local currency loans.

The average cost of cooking one standard Imeretian Khachapuri in May 2018 stood at 3.17 GEL, which is 3.4% lower month-on-month (i.e. compared to April 2018). The Khachapuri Index is actually up by 1.1% year-on-year (compared to May 2017), suggesting a slight uptick in annual inflation. The supply of fresh milk is approaching its seasonal peak, and this peak might be earlier than usual this year because of the early spring.

ISET Policy Institute appeared in the 2017 Global Go to Think Tank Index produced annually by Think Tanks and Civil Societies Program (TTCSP) at the Lauder Institute, University of Pennsylvania.

It is well-known (and, indeed, something of a staple of modern society) that physical attractiveness affects individual well-being and behavior in many different ways… but productivity in economic research would not often be considered one of them.

The International School of Economics at Tbilisi State University (ISET, www.iset.ge) in Tbilisi, Georgia is looking for a candidate for the Deputy Director for Operations Position.