On May 22, ISET hosted a panel discussion on the importance of properly defining problems, a measure that serves as the first step of impact assessment and existing practices in Georgia. This was the first meeting of a series of RIA evening talks organized in the scope of an EU-funded project, “Legislative Impact Assessment, Drafting, and Representation”.

March 2018 extends a long period of “business-as-usual” for Georgian consumers. The overall CCI improved by only 1.6 index points (from -19.1 to -17.5), remaining within the narrow band of [-21, -16] in which it has hovered since July 2017. All the improvement in March is due to the 5.3 index points increase in the Present Situation Index (up from -27.4 to -22.2). Expectations have actually declined by 2 index points (down from -10.8 to -12.8).

Geostat has released its GDP growth estimate for the first quarter of 2018. The Q1 growth stands at 5.2 percent, which is 1.1 percentage points above the recent ISET-PI forecast. ISET-PI’s forecast of real GDP growth for the second quarter of 2018 stands at 5.9 percent - up from 5.1 percent in April.

From May 14-18, Pati Mamardashvili visited the Geisenheim University in Germany to attend seminars and give lectures to students. Pati’s visit was aimed at reinforcing cooperation between ISET’s Agricultural Economics Concentration and Geisenheim University.

That there is a persistent demand for adult education should come as no surprise. Most people would agree that learning is a lifelong process. A distinction, however, should be made between the notion of learning understood as a process of self-discovery over one’s lifetime and learning understood in terms of the acquisition of a certain set of skills, often for the purpose of advancing one’s position in the labor market.