20
April
2016
According to GeoStat estimates, real GDP grew by 2.6% year over year in February 2016. This growth rate is an improvement over the 0.8% growth observed in the previous months. Still, in order to reach the predicted quarterly 2.9% growth (the ISET-PI forecast for Q1 real growth), the economy would have to have expanded by at least 5.4% in March. While the actual growth for March is likely to be lower than that figure, the increases in the consumer and business confidence indices (CCI, BCI) in the last month can be interpreted as good signs for the economy going forward.
19
April
2016
On 18 April 2016 ISET hosted Dr. Donghyun Park, a principal economist with the Asian Development Bank (ADB), who presented his team’s research: the Impact of China’s Slowdown on the World Economy. The talk was attended by ISET students and faculty, as well as representatives of Georgia’s leading businesses and business associations.
08
April
2016
Held on April 8, this discussion was a part of the four-day anti-corruption program ISET organized for a large group of students and faculty from ISET’s partner university, the Norwegian School of Economics (NHH) in Bergen. The expert panel included Jacques Fleury, former CEO of Borjomi LLC and JSC Château Mukhrani; Mariam Dolidze, Senior Economist at World Bank Georgia; Archil Bakuradze, Chairman of Supervisory Board at JSC Crystal Georgia; Bruno Balvanera, Resident Representative of EBRD Georgia; Giorgi Oniani, Deputy Executive Director of Transparency International Georgia; and ISET President Eric Livny, who also moderated the discussion.
05
April
2016
We are excited to announce that this week ISET will be hosting a large delegation representing the Norwegian School of Economics in Bergen. A four-day program is planned to start on April 6, which includes anti-corruption seminars, public discussions, and site visits to relevant public institutions and businesses.
01
April
2016
As has been reported earlier, the recent deal struck by Georgian PM Giorgi Kvirikashvili and Wizz Air CEO Owain Jones led to a decision by the company to start – already in September 2016 – base operations in Kutaisi and launch new twice or thrice-weekly service from Kutaisi to Berlin, Munich, Milan, Dortmund, Larnaca, Sofia, and Thessaloniki.
