Geostat has released its rapid estimate of real GDP growth for August 2023. The estimated growth stands at 5.8%, while the average real GDP growth for January- August 2023 reached 7%.
For the fourth quarter of 2023, business confidence in Georgia increased (by 2.4 index points) and reached 18.1. The highest increase in business confidence is observed in the trade (+21.7) sector. The positive change in BCI for Q4 2023 was driven by improved past performance as well as more optimistic expectations.
October 19-20 witnessed the largest and most high-profile event of ISET’s year: the international conference on gender economics entitled ‘Gender Equality and Women’s Economic Empowerment in Time of Crisis’. The two-day event, hosted by ISET and the FREE Network (the Forum for Research on Eastern Europe and Emerging Economies), attracted academics from 15 countries, including Australia, India, the USA, the countries of the South Caucasus, Eastern and Western Europe.
On 18 October, Tamar Sulukhia, Director of the ISET Policy Institute, took part in a panel discussion dedicated to the launch of the Systemic Country Diagnostic (SCD) Update for Georgia during an event organized by the World Bank. The report, entitled “Georgia: Keeping the Reform Momentum”, provides a comprehensive analysis of the developmental challenges and opportunities that the country requires to accelerate progress toward a reduction in poverty alongside shared prosperity in a sustainable manner.
The topic of women and power roles in academia is an area of significant interest and concern in contemporary society. While strides have been made in promoting gender equality in higher education, academic institutions continue to encounter issues with representation and empowerment for women in various positions of authority and influence.