Our latest news comes from ISET resident lecturer and researcher, Professor Muhammad Asali. Recently, Professor Asali joined a group of prominent economists from around the world and took part in the 140th annual conference of the Western Economic Association International (WEAI).

The real GDP growth rate amounted to -11.5% year-on-year for January 2021. As a result of the update, the growth forecast for Q1 of 2021 remained unchanged, at -5.4%. ISET-PI’s second forecast for Q2 of 2021 puts GDP growth at a positive 11%.

The International School of Economics is happy to announce that we’ve opened up applications for the 2021-2022 Master’s Program. At ISET you’ll find a world-class MA in Economics, fully taught in English by a faculty of renowned international lectures.

ISET has again affirmed its position among think tanks on the world stage by having the ISET Policy Institute listed once more on the Global Go To Think Tank Index. It is a proud moment for the ISET community since ISET Policy Institute is ranked in the 2020 Top Domestic Economic Policy Think-Tanks globally and 2020 Best Independent Think-Tanks globally.

Geostat has published its rapid estimate of real GDP growth for the fourth quarter of 2020, and their estimated growth stands at -6.5%, which is 1.3 percentage points below the ISET-PI’s most recent forecast. The annual real GDP growth in 2020 amounted to -6.1%, which is 0.6 percentage point lower than our recent prediction. Economic activity fell sharply due to global pandemic, although the decline was mitigated by the relatively strong fiscal stimulus and lending.