01
July
2017
For the first time in history, the price of Bitcoin broke its highest record (Figure 1) rising above 2,900 USD during the last week of June, 2017. One of the reasons why the market unexpectedly became optimistic about Bitcoin could be the fact that in April, the Japanese government formally accepted1 the cryptocurrency as a mean of exchange, which gave it more validity in Asia’s richest economy.
24
June
2017
After the Rose Revolution, in the name of of economic growth, the Georgian government set aside environmental issues and focused on a quick economic recovery. This is understandable, as the Georgian economy was still recovering from the collapse of the early 90’s, and the pressure to accelerate the process was high. At that time, the existing environmental regulations were perceived as an additional constraint to faster growth, and as potentially fertile ground for corruption.
27
May
2017
The number of foreign students has been steadily increasing around the world. More and more students choose to earn a degree outside of their home countries. Education internalization plays a key role in the development of today’s educational systems, and the impact of international students goes beyond their short-term financial effect on the economy; it plays a vital role in social cohesion and the development of international networks, etc.
23
May
2017
On May 23, ISET-PI hosted the launch ceremony of ReforMeter, which was attended by representatives of government institutions, NGOs, and international organizations. Welcoming remarks were made by Shamennna K. Gall, the acting Deputy Economic Growth Offices of the US Embassy, and Bruno Balvanera, the EBRD Director for the Caucasus, Moldova, and Belarus.
05
April
2017
This research paper intended to supplement and complement the following economic policy strategies and plans of the Georgian government in the areas of sustainable and balanced growth.
