In August 2018, the average cost of cooking one standard Imeretian khachapuri increased to 3.43 GEL, which is 3.8 % higher month-on-month (m/m, that is, compared to July 2018), but 0.5% lower year-on-year (y/y, compared to August 2017).
Recently, Geostat released the preliminary estimate of real GDP growth for the second quarter (April-June) of 2018, which now stands at 6.0%. This is only 0.1 percentage points above the recent ISET-PI forecast. As a result, real GDP growth for the first seven months of 2018 reached 5.5%.
ISET would like to congratulate resident faculty member Norberto Pignatti on the publication of a new article (together with Hartmut Lehmann of the University of Bologna) entitled “Informal Employment Relationships and the Labor Market: is there Segmentation in Ukraine?”, in the Journal of Comparative Economics.
September 17-18 2018, the ISET’s Rati Kochlamazashvili and Pati Mamardashvili conducted a training exercise for Civil Society Organizations (CSO) running Social Enterprises (SE) in value chain analysis and development.
On September 18, the Energy and Environment Center of the ISET Policy Institute participated in a Public-Private Dialogue (PPD) on a draft law regarding water resource management. The Business and Economics Center (BEC) organized the PPD with the Environment and Natural Resource Committee at the Parliament of Georgia with the involvement of major stakeholders of the water sector.