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September 2016 Macro Review | Georgia in the first seven months of 2016: crisis recovery underscored by low inflation, appreciating currency and falling merchandize trade turnover
20 September 2016

According to Geostat’s rapid estimates, real GDP grew by 2.1% in July 2016, while the growth rate for Q2 stood at 2.3% year over year (YoY). The estimated second quarter growth was thus 1.6 percentage points lower than ISET-PI’s GDP forecast for the quarter.

ISET’s Consumer Confidence Index Shoots through the Roof
20 September 2016

In September 2016, ISET’s Consumer Confidence Index added 13 points, the single largest monthly increase in the Index since its launch more than 4 years ago. Having risen from -28.7 to -15.7 points, the CCI rebounded to levels we have last observed about two years ago, in fall 2014 (i.e. at the outset of the GEL devaluation drama).

Yasya Babych of ISET Policy Institute Attends ADB Workshop on a Role for Development Partners
19 September 2016

As part of a partnership arrangement under the “Good Jobs for Inclusive Growth” study, Yasya Babych of MPRC was invited to participate in an Interim workshop dubbed “Enabling Conditions for Inclusive Growth and Good Jobs: A Role for Development Partners” held on 15-16 September 2016 in Manila, the Philippines by the Asian Development Bank (ADB).

What Do Politicians Promise Us: a Popular Guide to Political Platforms on Agriculture
19 September 2016

As the Election Day of October 8th approaches, we hear more and more about the platforms of Georgian political parties. Given that political competition is very fierce, one naturally expects to hear some blatantly populist statements – the kind of political promises (known to humanity from the times of Aristophanes) which are very popular among the voters, but are hard or impossible to implement in practice.

September 19, 2016 Kh-Index |Khachapuri index captures greater market integration!
19 September 2016

In August 2016, the average cost of cooking one standard Imeretian khachapuri increased to 3.15 GEL, which is 4.8 % higher month-on-month (m/m, that is compared to July 2016), but 9.6% lower year-on-year (y/y, compared to August 2015).

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