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.

One glance at the ₾Khachapuri Index chart (for locals) tells the whole story of Georgian agriculture. Left to fend for themselves during the cold winter months, Georgian cows produce very little milk, sending dairy prices through the roof. Conversely, milk production peaks with the arrival of sunny weather and green fodders in early spring, leading to a collapse of milk prices.