03
March
2022
On March 3, 2022, ISET Policy Institute Lead Economist Yaroslava Babych and Director Tamar Sulukhia spoke at the international Webinar “The Sanctions on Russia, and their impact on the region”. The Webinar was organized by the Stockholm Institute of Transitional Economies and the Free Network (which is sponsored by Sida) and discussed the impacts of Russia’s war in Ukraine on the region, with a focus on the economic effects of sanctions in Russia and the region.
01
March
2022
This quarterly report provides an analysis of economic trends, as well as denoting the challenges and opportunities (in local, regional, and global contexts) in selected value chains within six sectors to improve evidence-based decision-making by providing quality information and analytics. The specific sectors covered are tourism; creative industries; light manufacturing; shared intellectual services; solid waste management and recycling; and cross-cutting sectors. The analysis tracks trends from the third quarter of 2021.
28
February
2022
For the first quarter of 2022, business confidence in Georgia decreased (by 13.3 index points) and reached 17.3. The highest decrease in business confidence is observed in service (-25.8), manufacturing (-20.8), and wholesale and retail trade (-16.1) sectors.
28
February
2022
As I am writing these lines, Russian tanks are moving deeper into the territory of my country, Ukraine, and emotions are threatening to overwhelm me. But emotions cannot shake what we, as economics scholars, value the most: devotion to truth and careful, impartial use of facts and logic to arrive at conclusions.
07
February
2022
The new year started with a historic high for the Khachapuri Index. The Index continued its upward trend, reaching an average cost of 5.77 GEL in January 2022. This is 1.8% higher than December 2021 (MoM) and 23.7% higher compared to January 2021 (YoY). The highest price increase was observed for eggs (47%) and flour (31%).
