16
May
2017
ISET second-year students continued their series of policy seminars, this time focusing on the Georgian tourism sector. Shako Gobronidze, Diana Nersisyan, Robizon Razamadze, and Revaz Surguladze presented on the topic of seasonality, which both pose various challenges and grants opportunities for the Georgian tourism sector.
16
May
2017
The Georgian Business Confidence Index (BCI)* has improved quite substantially, reaching 29.0 index points, which is an 11.5 index points improvement over the last quarter. The second-quarter increase in the BCI was mostly driven by strong performance in the last quarter and quite a significant improvement in expectations.
15
May
2017
Given Georgia’s dysfunctional educational sector, it is impressive how many Georgians excel intellectually. For example, ISET regularly sends some of its graduates to the best Ph.D. programs in the world, proving that many Georgians succeed in realizing their intellectual potentials despite unfavorable conditions. At the same time, we notice that a considerable share of students who get enrolled at ISET are not well-endowed with essential knowledge and competencies, lacking, for example, presentation skills, writing proficiency, and resourcefulness in discussion and argumentation.
13
May
2017
In the old Soviet movie, “Once Upon a Time Twenty Years Later,” a mother of ten who bought a lot of clothing and food in a local shop was suspected of being a speculator by the shop administrator, who immediately called police as the woman left the shop. The woman survived arrest after it was discovered that she bought so many goods exclusively for her big family, and not for resale or so-called speculation.
10
May
2017
Nobel-winning economist James Heckman proclaimed that “the data speak for itself” after he carried out an experiment known as the 'Perry pre-School Project' and discovered that investing in high-quality preschool education brings returns of around 14 percent – a rate of return that is much higher than standard returns on stock market equity (7.2 percent).
