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Top 5 economic consequences of Russia’s war on Ukraine: a view from Georgia
28 February 2022

As I am writing these lines, Russian tanks are moving deeper into the territory of my country, Ukraine, and emotions are threatening to overwhelm me. But emotions cannot shake what we, as economics scholars, value the most: devotion to truth and careful, impartial use of facts and logic to arrive at conclusions.

February 2022 | Higher food and fuel prices on the global market drive inflation and dampen growth forecasts for Georgia
14 February 2022

Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2021, and their estimated growth stands at 9.5%, which is 1.4 percentage points below the ISET-PI’s most recent forecast. The annual real GDP growth in 2021 amounted to 10.6%, which is 0.2 percentage points lower than our recent prediction.

Dollarization of bank deposits in Georgia: what everyone should know
07 February 2022

The term “dollarization”, commonly used among academic economists and finance specialists, has already entered Georgians’ everyday vocabulary. Few people, however, understand what dollarization is, how it comes about and why they should care. Below we try to fill this gap, explaining some basic concepts and discussing why and how dollarization affects ordinary people’s lives.

Thematic Inquiry into Foreign Direct Investment in Georgia
25 January 2022

Davit Keshelava from ISET Policy Institute participated in a Thematic Inquiry from the Parliamentary Sector Economy and Economic Policy Committee. The investigation, supported by Konrad-Adenauer-Stiftung (KAS) and the Economic Policy Research Centre (EPRC), was dedicated to understanding the challenges of attracting Foreign Direct Investment (FDI) into Georgia.

January 2022 GDP Forecast | Georgian economy continues to recover from covid-19 impact, but inflation threatens stability as food prices soar by 17.7 percent
17 January 2022

Recently, Geostat revised upward its real GDP growth for the third quarter of 2021 to 9.1% (by 0.1 ppt). The real GDP growth rate amounted to 12% year-on-year for November 2021. Consequently, the estimated real GDP growth for the first eleven months of 2021 was 10.7%.

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