10
June
2017
In just a couple of weeks Baku is going to host the second Formula One Grand Prix in its history. Being in love with motor races and inspired by the fact that for the first time in my life I will attend such an important race (and the Land of Fire); I tried to explore the economic impact of hosting expensive international events for one’s country.
24
May
2017
“The Economics of Nature. Can Georgia afford Economic Growth without Taking Care of its Nature?” was the title of a panel discussion jointly organized by GIZ and ISET, and examined an important issue facing the country.
21
March
2017
On Thursday, March 21, ISET hosted the Governor of the National Bank of Georgia (NBG), Mr. Koba Gvenetadze, who delivered a profoundly informative lecture to the ISET Community. Mr. Gvenetadze covered important aspects of long-term development challenges facing the Georgian economy based on the accumulated experience of past development in the country.
19
February
2017
Food prices continue to follow the latest trends. Retail FPI shows a 2.6% increase m/m (that is, compared to January 2017) and a 4.9% decline y/y (that is, compared to February 2016). During the last two weeks, matsoni, tea, and carrots lost value (by 10.4%, 6.2%, and 6.2% respectively), whereas the prices of cabbage, greens, and eggplant increased (by 25.0%, 16.1%, and 14.9% respectively).
13
February
2017
“The fundamental problem for Georgian security is that Russia holds all the major cards and no one is reshuffling the deck in Georgia’s favor”, writes Neil MacFarlane in his 2016 article on Georgia’s security situation. Georgia has a mighty neighbor that is not democratic, does not respect the right of self-determination of nations, and, most importantly, actually brings its military power to bear whenever Russian (legitimate or illegitimate) interests are not sufficiently honored.
