12
June
2015
Who should be supervising the activities of commercial banks in Georgia? Currently, this responsibility lies with the country’s National Bank. However, the Georgian parliament will soon be deciding on new legislation, which, if passed, could take away the supervisory role from NBG and transfer it to an independent agency reporting directly to the prime minister.
09
June
2015
On Monday, 8th of June, Zurab Abramishvili from the CERGE-EI (Center for Economic Research and Graduate Education - Economics Institute) presented his research proposal titled “The Principal Principle: How an Immediate and Random Replacement of School Principals Illuminates Their Value Added; A Case of Education Policy in Georgia”. Mr. Abramishvili is an ISET graduate in 2010, currently, he is doing postdoctoral work at ISET.
08
June
2015
On Friday, June 5th, ISET hosted Mr. Rezo Vashakidze, the founder of Chirina Ltd, by far the largest Georgian producer of poultry products (sold under the BiuBiu brand), a Greenfield investment worth more than 80 mln USD. The main topic of Mr. Vashakidze’s presentation was entrepreneurship in Georgia (as well as Azerbaijan and Armenia).
08
June
2015
When Georgia ran into a conflict with its northern neighbor in 2008, it experienced considerable solidarity on part of its main Western ally. The United States supplied military transporters to fly back Georgian troops from Afghanistan, which was correctly understood by the Russians as a warning that the US would not allow Georgia to fall.
05
June
2015
Creativity is the ability to produce new ideas and to find innovative solutions to problems. It is crucial for economic growth because creative ideas translate into new products and more efficient technological processes, which, in turn, generate new (more productive) jobs and better (more competitive) products.
