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On February 19, 2014, ISET hosted a round table meeting on the World Bank’s draft of its Country Partnership Strategy (CPS) with Georgia for the FY 2014-2017. The purpose of the consultation meeting was to receive critical feedback from think tanks on the CPS to help determine the most effective country partnership strategy.
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Georgian households, being as poor as they are, don't save enough for the rainy day. Do low savings imply that Georgians are impatient to consume and do not care about their future? Is it in our genes that we prefer today’s egg to tomorrow’s chicken? Maybe our history, the history of a small nation struggling for survival, taught us to live our lives one day at a time?
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On February 18, 2014, ISET hosted the Israeli Ambassador to Georgia, H.E. Yuval Fuchs. The ambassador gave a great presentation about the miracle of Israel as a start-up nation.
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On February 12, 2014, ISET hosted the Italian Ambassador to Georgia, H.E. Federica Favi. The Ambassador gave a presentation about the historical challenges and choices that Italy faced following World War II.
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The growth forecast for the 4th quarter of 2013 is unchanged at 4.9%, suggesting annual growth of 2.6%, while Geostat’s flash estimates are 6.9% for 2013Q4 and 3.1% for the whole year.