13
February
2019
In preparation for the COP24 climate change conference in Poland, in December 2018, researchers published a report from the Intergovernmental Panel on Climate Change (IPCC) outlining how significant the consequences of climate change would be following a global increase in temperature of just a half degree, from 1.5 to 2 degrees C. In the wake of the newly released IPCC report, alongside William Nordhaus’ Nobel Memorial award, this year’s winner in economics, a heated debate has surfaced.
21
January
2019
Geostat updated its preliminary estimate of real GDP growth for the third quarter of 2018. The Q3 estimate was revised downward to 3.7% (0.3 percentage points lower than the previous estimate). The real GDP growth rate reached only 2.2% year-on-year for November 2018. Consequently, the estimated real GDP for the first eleven months of 2018 was revised downward to 4.7%.
24
December
2018
According to Geostat’s figures, in the third quarter (Q3) of 2018, Georgia’s real GDP experienced growth of 4% year over year (YoY). Despite the slowdown of the growth rate compared to the previous quarters, IMF recently revised their forecast of economic growth for Georgia upwardly, from 4.5% to 5.0%. Forecasts for other international organizations and the National Bank of Georgia (NBG) remained the same, while ISET-PI, based on October’s data, expect annual growth in 2018 to be 4.6% YoY.
13
December
2018
On December 13, Ellie Martus, a co-fund fellow at the University of Warwick, visited ISET to talk about environmental state capacity in Georgia and other countries of the former Soviet Union. She presented an overview of her research, under the framework of which she is going to explore the capacity of Georgia, Russia, Ukraine, and Armenia to design, implement and enforce environmental policies.
10
December
2018
Geostat recently updated its preliminary estimate of real GDP growth for the first and second quarters of 2018. The Q1 and Q2 GDP growth estimates were revised downward to 5.2% and 5.6%, respectively. The third quarter estimates so far remained unchanged.
