Hosted and moderated by ISET Policy Institute’s Salome Gelashvili, Acting Head of the Agricultural and Rural Development Policy Research Center, the German Sparkassenstiftung Southern Caucasus and Ukraine (DSIK) have recently developed a presentation looking into their Climate Risk Pattern Analysis in Georgia.

We’re thrilled to announce that ISET’s Policy Institute has reached its tenth anniversary and alongside our celebrations, our lead economists and researchers have presented a newly developed Gender Equality Index at an international conference.

The CCI deteriorated in March. We had hoped that the recovery of the Consumer Confidence Index, observed since December 2020, would bring the Index back to the levels observed last summer. Unfortunately, the trend reversed in March and the CCI decreased, from -35.5 in February to -39.0 in March.

Agricultural and rural development play an important role in the country’s socio-economic development. The restrictions imposed during the pandemic have hindered spring agricultural works which have significantly worsened conditions for farmers and stalled their future potential. Consequently, the Georgian government developed an anti-crisis plan, “Caring for Farmers and Agriculture”, that was presented on 12 March. The proposal entails two forms of aid: direct assistance and sectoral support.

In developed countries like Korea and Australia, employment in the agricultural sector is gaining more and more popularity, however, moving back to the countryside in developing nations remains associated with poverty, inefficiency, and lack of progress.