2017 is shaping up as one of the best years in Georgia’s post-2008 crisis history. The economy is expected to expand by about 5%, beating early expectations and official forecasts by the likes of the IMF and the World Bank. Based on updated GeoStat figures for Q1 and Q2, ISET-PI’s annual growth forecast currently stands at 4.9%.

The International School of Economics in Tbilisi (ISET) invites applications for participation in the 2018 “Executive Leadership” program.

Geostat updated its preliminary estimate of real GDP growth for the first and second quarters of 2017. The Q1 and Q2 GDP growth estimates were revised upward by 5.3% and 4.9%, respectively (0.2% higher than initial estimates). The third quarter estimates remained unchanged so far.

ISET’s Pati Mamardashvili, the head of the Agricultural Policy Research Center, has been awarded the prestigious Fulbright Scholarship to conduct research in the USA. The Fulbright Program is the U.S. government’s flagship international educational exchange program, contributing to finding solutions to shared concerns. The main criteria for the selection in the program are academic merit and leadership potential.

It is that time of a year when we take time to reflect upon our flaws and weaknesses to find areas where we can make positive changes for the New Year. In our imagination, there is an old self who we will leave behind on the New Year’s Eve, and we will welcome our new 2018 self, healthier, wiser, and most importantly, happier. All it takes is to come up with that magical set of resolutions that will help us achieve all that, though many of us probably will not need to come up with original New Year’s resolutions.