01
December
2016
Furthermore, high dollarization makes depreciation a dangerous process for the financial sector, as many people with loans or debts in US dollars are unable to pay. In addition, high and persistent dollarization constrains the effectiveness of the monetary policy, as the transmission of the monetary policy to the market interest rates and real variables are rather limited.
25
November
2016
On November 25, ISET started a policy seminar series provided by the second-year students of ISET’s MA program. The first presentation was delivered by Tamar Bregvadze, Mariam Chachava, Kamran Gasimov, and Yervand Martirosyan under the supervision of the head of Energy Concentration at ISET, Norberto Pignatti.
21
November
2016
Structural transformation of the economy is one of the most important determinants of economic development. Almost invariably, nations that have managed to pull themselves out of poverty were able to diversify their economies away from low productivity sectors. In advanced countries, productivity differences between sectors are generally small, and growth mostly happens because of productivity improvements within sectors.
31
October
2016
On October 28 and 29, CARE International in the Caucasus carried out its Direct Beneficiary Survey of ENPARD-funded cooperatives in the regions of Guria, Samegrelo, and Racha-Lechkhumi & Kvemo Svaneti.
21
October
2016
In the second week of October, food prices kept going down: ISET’s Retail Food Price index lost 0.8% m/m (compared to the last week of September) and 15% y/y (compared to October 2015). The largest bi-weekly price changes were recorded for seasonal food products such as fresh fruit and vegetables. Prices moved down the most for coriander (-23%), onion (-8%), and cabbage (-6%).
