03
April
2015
On Thursday, April 2nd, Giorgi Bakradze, the Advisor in Economics Issues to the President of the National Bank of Georgia, gave a public lecture organized by ISET. The main topic of his presentation was the Formation of Exchange Rate which addressed currently occurring exchange rate changes. More than 400 students and other interested individuals attended the meeting.
01
April
2015
A little-known experiment launched in 2009 is about to revolutionize Georgia’s countryside. “Teach for Georgia (TG)” [1] is a small program administered by the National Center for Teachers’ Professional Development, seeking to stream new blood into the public education system. With a tiny annual budget of 212,000 GEL, TG was initially conceived as a publically-funded “startup”, an attempt to think and act out-of-the-box.
30
March
2015
While Georgia never faced anything like a wartime food crisis, the agricultural policies implemented by the Georgian Dream coalition government in 2013-2015 did not lack in ambition, seeking to make up for more than a decade of “active neglect” of Georgia’s smallholder agriculture by the Saakashvili administration. In this piece, we take a critical look at one of the first government initiatives, the Agricultural Card Program, introduced in February 2013.
17
March
2015
The economic slowdown of the closing months of 2014 continued in January 2015, with the growth of real GDP amounting to only 0.5%. ISET‐PI’s GDP forecast is not optimistic either, with GDP growth in the first quarter of 2015 expected to be 0.5% (see GDP Forecast). The 5% economic growth initially forecasted by the government of Georgia, the 5.5% predicted by the ADB and the 4.2% predicted by the EBRD in September 2014 each seem quite out of reach now.
16
March
2015
On March 12, ISET hosted the Ukrainian delegation within the scope of the project “Ukraine out of Crises through Dialogue” implemented by the Caucasian House. The main purpose of the meeting was to share the experience of Georgian economic transformation throughout the last decade. It was the second meeting in the framework of this project. ISET hosted the first delegation in November 2014.