22
May
2017
In April 2017, the average cost of cooking one standard Imeretian khachapuri decreased to 3.32 GEL, which is 2.5% lower month-on-month (m/m, that is, compared to March 2017), but 4.9% higher year-on-year (y/y, compared to April 2016).
20
May
2017
According to the recent World Happiness Report 2017, Georgia ranks 125th among 155 countries with respect to peoples’ happiness. On a 0-10 happiness scale, the country scores only 4.29. Figure 1 below presents rankings and happiness scores for Georgia and its neighbors, as well as for the world’s best and worst performers.
19
May
2017
On May 19, 2017, at the Radisson Blu Iveria hotel, the Agriculture Policy Research Center (APRC) of the ISET Policy Institute (ISET-PI) presented two reports regarding “The Georgian Tea Value Chain Study” and “The Georgian Trout Value Chain Study” value chain analyses.
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.
