20
July
2017
We started forecasting the annual growth rate at the start of 2014 (see our January 2014 and February 2014 publications for a note on methodology). Based on January’s data, we expect annual growth in 2017 to be 6.2% in the worst-case or “no growth” scenario, and 6.6% in the best-case or “average long-term growth” scenario. Our “middle-of-the-road” scenario (based on the average growth in the last four quarters) predicts a 6.3% real GDP growth in 2017.
20
July
2017
Georgia’s flagging agricultural sector is receiving assistance from a number of international governments, organizations, and institutions, and ISET is right at the heart of efforts to revitalize this essential part of the national economy.
18
July
2017
On July 18, 2017, Mr. Nicola Mariani, managing partner of Dechert Georgia LLC, visited ISET within its Summer School programme and discussed economic reforms, political transition, and development organized by the International School of Economics (ISET).
17
July
2017
Georgia is a favorable investment destination, with a simple tax code consisting of six flat taxes and a total tax rate of only 16% on commercial profits that are distributed. Georgia was ranked 16th on the World Banks Ease of Doing Business for 2017 (by contrast, Switzerland is No. 31 and Norway No. 6), and No. 13 on the Bribery Risk Scale of the “Trace”, an International Transparency Rank (Switzerland is No. 16 and Norway No. 5). Georgia has signed an Association Agreement with the EU, is a member of WHO, has ratified the Energy Charter Treaty, and signed the New York Convention.
17
July
2017
This year’s ISET’s Summer School was composed of a series of lectures, talks by prominent speakers, and debates on the subject of reforms.
