22
May
2014
The subject of the debate concerned future steps to be taken in to ensure the growth of SME's in Georgia - significant part of the economy. The expert panel included speakers representing government, SMEs, financial system, academia, NGOs, businesses and business associations. The importance of SMEs for economic development cannot be understated: most successful large firms in developing countries have graduated up from SME category, whereas the breadth of the SME category itself reflects and helps to create a strong and deep entrepreneurial culture.
19
May
2014
During my morning shower, I like to think about Georgia’s economic prospects and how the country should develop.
19
May
2014
ISET will be offering an exciting new course in the 5th mini-term – “Corporate Finance Applied to a Developing Economy.” The course will be taught by Paul-Henri Forestier, former Director of the European Bank for Reconstruction and Development in Georgia.
12
May
2014
Speaking with managers of companies operating in Georgia, one frequently hears complaints about a lack of certain specialists in the Georgian labor market. For instance, firms operating in the construction sector are often forced to hire foreign experts, as they do not find sufficiently qualified engineers and architects in Georgia. The shortage is particularly pressing in technical subjects and the sciences.
09
May
2014
In the 15th century, the Kingdom of Georgia started a painful process of disintegration from which it did not recover until the modern era, and ultimately, Georgia’s breakup at the end of the medieval age accounts for the regrettable fact that the country could not maintain its status as an independent nation (Florian Biermann and I discussed the cataclysmic Treaty of Georgievsk in our article about King Erekle II).
