The CCI, which is computed by ISET-PI on a monthly basis, monitors how Georgians feel about their personal financial situations and the economic well-being of the whole country. Roughly speaking, the index is computed as the difference between the frequencies of positive and negative answers to 12 questions covering the present and expected economic situations of the households surveyed, as well as general economic parameters of the country, such as inflation and unemployment.

Like almost everyone else across the European continent, ISET has the utmost respect for Scandinavian economic power, and in recent weeks has been deepening ties with economic institutions in the region. As well as hosting guests from the Stockholm School of Economics, ISET also dispatched two members of its resident faculty to Norway.

The International School of Economics in Tbilisi (ISET, www.iset.ge/www.iset-pi.ge) is seeking an Executive Assistant to the President.

The strength of the Swedish economy is a byword throughout Europe, and, so any lessons learned from Swedish experts will be of the utmost value for developing economies.

In what has been a decidedly international few months for ISET with recent visits to Japan, Norway, and India (as well as a trip to Uzbekistan in late October), yet another member of the institute's faculty has traveled abroad, this time to Germany.