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Price and Prejudice on the Georgian Market for Cigarettes
20 February 2017

It is a truth universally acknowledged, that cigarettes are bad for human health. Yet, whenever the government tries to regulate the consumption of cigarettes by increasing their price, it gets a very mixed reaction from the public. Some people (mostly non-smokers) welcome these policies, while others accuse the government of being greedy and proclaim the policies ineffective. Who is right and who is wrong in this debate? Let’s take a closer look at the facts.

Study on trade facilitation in the south caucasus
15 February 2017

South Caucasus Trade Study to identify a number of areas focusing on three thematic components: (i) Trade, export, investment, and private sector development measures, (ii) Border management, (iii) New developments in regional integration.

Trade Costs for Heterogeneous Agricultural Products
21 November 2016

On November 21, Prof. Dr. Stephan von Cramon-Taubadel gave a presentation of a working paper entitled “Trade Costs for Heterogeneous Agricultural Products” at ISET. The professor himself and Mr. Yi Qu are the co-others of the paper, which aims to evaluate trade costs for 125 different agricultural products based on 1992-2011 data from 156 different countries.

November 2016 GDP Forecast | Exports show annual growth for the first time in two years
21 November 2016

Geostat has updated its GDP growth estimate for the third quarter of 2016. The Q3 growth rate stands at 2.2%, which was 1.3% below the ISET PI’s forecasted value. As a result of the update, the growth forecast for Q4 of 2016 was revised downward to 2.9% from the 4.1% projected in October.

September 2016 Macro Review | Georgia in the first seven months of 2016: crisis recovery underscored by low inflation, appreciating currency and falling merchandize trade turnover
20 September 2016

According to Geostat’s rapid estimates, real GDP grew by 2.1% in July 2016, while the growth rate for Q2 stood at 2.3% year over year (YoY). The estimated second quarter growth was thus 1.6 percentage points lower than ISET-PI’s GDP forecast for the quarter.

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