10
November
2016
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.
10
November
2016
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”.
09
November
2016
On November 8-9, the ENPARD team at ISET-PI participated in the 'Interagency Conference about Three Years of Implementation of ENPARD – Cooperative Development Component'. The conference was organized by one of the ENPARD implementer consortiums led by People in Need, a non-governmental organization, at Akaki Tsereteli State University in Kutaisi.
08
November
2016
Tbilisi real property market continues to grow steadily. Total sales grew to 3331 units in September 2016 to hit a new monthly record. Market rose also in July 2016 followed by slight decrease in August 2016.
07
November
2016
On November 7, ISET hosted Professor Rögnvaldur Hannesson of the Norwegian School of Economics, who gave a presentation entitled ‘Tradable Fish Quotas and Return on Capital in Norwegian Fisheries’.
