On November 14, Dr. Nadja El Benni, employed at the Research Institute of Organic Agriculture (FiBL) until October 2016 and starting at Agroscope (Swiss Confederation’s center of excellence for agricultural research) in January 2017 as head of the Strategic Research Division “Competitiveness and System Evaluation”, visited ISET.

Conducting Focus Group Interviews for Pension Reform Communication Strategy Development in Tbilisi and in regions to provide insights into how people think and understand new pension reform.

Under the Soviet system, farmers worked under strong central control; everyone knew what to do. Important economic decisions were not left to the market or decided by self-interested individuals. Instead, the government, which owned or controlled much of the economy’s resources, decided what, when, and how to produce. Along with providing necessary inputs, the state ensured that farmers had access to markets for their goods.

According to Geostat’s rapid estimates, real GDP grew by 1.5% in September 2016, while the growth rate for Q3 stood at 2.2% year over year (YoY). The estimated third-quarter growth was thus 1.3 percentage points lower than ISET-PI’s GDP forecast for the quarter. One should note that the data from September are likely to include a very high services component (revenues from the tourism sector). Therefore, the quarterly growth number is likely to be revised upward in the future as more data comes in.

On November 10, ISET hosted an EBRD group with a keynote speaker, Alexander Plekhanov, Deputy Director of Research at the European Bank for Reconstruction and Development in London. He presented the EBRD’s Transition Report, entitled “Transition for All: Equal Opportunities in an Unequal World”.