12
June
2017
The two-day field trip to Racha (a highland area in western Georgia, located in the upper Rioni river valley and hemmed in by the Greater Caucasus mountains), included visits to Blauenstein Georgia and the Natural Products of Racha agricultural cooperative, during which local representatives of the farm and cooperative introduced ISET students to the current operations, capacities, and highlights of their respective enterprises.
12
June
2017
With 6.3 million tourists visiting the country in 2016, Georgia has become a popular tourist destination. In May, the number of international visitors (those who stayed in the country 24 hours or more) increased annually by 19% (compared to the same month in the previous year). While Tbilisi Airport is the main border-crossing point, in May, Batumi Airport overshot Kutaisi Airport, famous for its low costs flights, and experienced a 20% annual increase in the number of arrivals.
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.
07
June
2017
On June 7, during his visit to Georgia, Mr. Anthony De Lannoy, the Executive Director of the IMF who represents Georgia along with the other 15 countries at the IMF Board of Directors, addressed an audience of ISET researchers, students, and management, as well as senior representatives of the National Bank of Georgia, with an overview of the IMF and its cooperation with Georgia.
05
June
2017
In addition to its other exchange programs, from last year ISET has actively built up a cooperative relationship with Lausanne University. A group of students and professors from the Business and Economics Faculty at Lausanne University visited ISET early this year and had a chance to take a course in Mechanism Design, taught by Motty Perry, a Senior Academic Advisor at ISET and Professor of Economics at the University of Warwick in the UK.
