In the first half of October, food prices in Tbilisi’s major supermarkets increased by 10.8% compared to October 2017. On a monthly basis (that is, compared to September 2017), ISET’s Retail Food Price Index increased slightly by 1.7%. On a biweekly basis, most of the prices increased, leading to a higher Retail FPI.
The VET reform assessment was conducted on October 4, 2017. According to the Government Survey, 80% of the 2013-2017 Action Plan, and 50% of the entire reform, which is scheduled to last until 2020, have been implemented. The survey also showed how the reform, including the launch of the dual education system, which took off in 2013 revamped the whole structure of the vocational education system.
ISET’s BA Program in Economics is accredited by the Chartered Institute of Management Accountants (CIMA) till 2025. The program is recognized by UK NARIC at the same level as a UK undergraduate degree.
Based at the International School of Economics at Tbilisi State University (ISET), the ISET Policy Institute (ISET-PI) is one of the first university-based think tanks in the South Caucasus. ISET-PI complements the educational mission of ISET by delivering training, conducting research and analysis, expressing views on policy, and providing a professional platform for policy discussions and debates.
On October 10, 2017, Professor Hans Wiesmeth challenged ISET BA students to think about possible solutions to environmental issues, more specifically, how the country can deal with beverage packaging, which is a global environmental issue, with 1 billion plastic bottles produced each day (more than ten thousand every second). Only about 10% of these bottles are currently recovered and recycled.