ISET has earned a reputation of academic excellence, and all those who walked through the institute’s doors as students and left as graduates have either found meaningful employment or gone on to study abroad at some of the world’s best universities. Yet aside from educating its students in the technicalities and intricacies of economics, ISET also endeavors to instill values and standards amongst its students.

Forest fires pose a threat to human life and property. As we discussed in a previous article, most countries throughout the world, Georgia included, suffered from an unusually high number of forest fires during the summer of 2017. In Georgia, this topic was the subject of a spirited public debate about whether these fires were wild or man-made. In our previous article we discussed how natural causes generate wild forest fires.

The objective of this research is to conduct a participatory evaluation of the pilot projects in Akhmeta/Tusheti region of Georgia implemented by Integrated Biodiversity Management, South Caucasus Program.

Recently, Geostat has released the preliminary estimate of the real GDP growth for the third quarter of 2017. The Q3 growth rate now stands at 4.4%, which is 1.5% below ISET-PI’s last forecasted value. As a result, the estimated real GDP growth for the first nine months of 2017 amounted to 4.7%.

In October 2017, Georgian power plants generated 828 mln. KWh of electricity. This corresponds to an 8.7% decrease in total generation in comparison with the previous year (in 2016, total generation in September was 907 mln. kWh). The decline in generation on a yearly basis comes from a decline in thermal power generation and in hydro power generation.