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Failure is Always an Option! Or is it?
06 February 2017

“The type of failure we’re talking about is like how frogs lay 20,000 eggs so a few wind up as adults sitting on a lily pad sucking down mosquito dinners” is how the author of the recent Newsweek article describes the rate of failure it takes to breed a handful of unicorns-tech startups valued at more than $1 billion.

ISET Students from Five Countries Host International Tea Party
06 February 2017

ISET takes pride in its diverse international community and uses every chance to celebrate it. The international tea party hosted in the cafeteria was an excellent illustration of this tradition. On February 6, ISET students from Armenia, Azerbaijan, Georgia, Japan, and Iran took over ISET's cafeteria to host the community with tasty delights of their home countries.

February 06, 2017 Kh-Index | Will cheese prices continue to rise?
06 February 2017

In January, the cost of cooking one standard Imeretian khachapuri continued to increase, ranging between 3.56 GEL (Batumi and Tbilisi) and 3.92 GEL (Kutaisi), with the average cost being 3.67 GEL. The new average price is 1.9% higher than the price in January 2016. As for month-to-month development, the price of khachapuri is 1.3% higher compared to the previous month (December 2016).

How to De-Dollarize in a Smart Way: Lessons from the Georgian and Foreign Experiences
04 February 2017

Unofficial (partial) dollarization describes a situation when a foreign currency is used alongside the domestic currency for transactions purposes and as a store value. High partial dollarization is not good for a country, as it ties the hands of its Central Bank when it wants to use monetary policy. In a highly dollarized economy, national currency depreciation can even lead to financial instability.

ISET and Competition Agency of Georgia Agree to Further Cooperation
03 February 2017

On February 3, 2017, Eric Livny, President of ISET and the ISET Policy Institute, held a working meeting with the newly-appointed chairman of the Competition Agency of Georgia, Mr. Nodar Khaduri, who is also a co-director of the newly-accredited ISET BA Program.

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