In the last few decades, large supermarkets (referring to all modern retail, which includes chain stores of various formats such as hypermarkets, convenience and neighborhood stores) have changed the retail business landscape in many countries through larger store formats, more shelf space, an increased variety of goods and services, and extensive marketing strategies.

On March 7-8, ISET’s ENPARD team with an M&E coordinator from CARE, took a field trip to Adjara, hosted by UNDP Adjara, which is one of the implementer of the ENPARD project (agricultural cooperative development across Georgia). UNDP Adjara recently became involved in the Annual Cooperative Survey, which has been carried out from the beginning of the implementation of the ENPARD project by other ENPARD implementer consortia (Care, Oxfam, Mercy Corps and PIN).

In 2016, GEO real property market grew substantially. With a total of 89 120 transactions, the market this year surpassed 2015 by 20.2%. The highest number of sales was registered in AUG-16 & DEC-16, with 8 076 and 8 099 units respectively.

The so-called “Economic Freedom Act” (EFA), which has been a matter of public discussion in recent weeks, refers to two pieces of legislation: (i) a Constitutional amendment from 2010, which requires a referendum for introducing new taxes or increasing the tax rate, and (ii) the Law on Economic Freedom (2011), in force since 2013, setting a number of additional restrictions to government fiscal policy (Table 1).

On Monday, March 6 ISET hosted its graduate Robizon Khubulashvili, a Ph.D. Student of Pennsylvania State University. Robizon presented his working paper entitled “Endogenous Team Formation Among Competitors”.