This summer I bought a small piece of land (0.15ha) in the village of Okhureshi to grow a vineyard. About 700 “Usakhelauri” vine seedlings planted on that land in November this year will soon provide the most scarce and expensive grapes in Georgia. In just in a couple of years the vines will mature, and I will enjoy something as nice as the neighboring vineyard depicted in the photo.
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.