19
June
2015
According to a recent study, smoking marijuana for many years leads to a severe loss of intelligence: compared with people who did not consume cannabis, the IQ’s of smokers were lower by 13-38 points (Meier et al.: “Persistent cannabis users show neuropsychological decline from childhood to midlife”, PNAS 109, 2012). Moreover, after a long time of consumption, cognitive abilities and memory do not recover when smoking marijuana is eventually given up.
12
June
2015
Who should be supervising the activities of commercial banks in Georgia? Currently, this responsibility lies with the country’s National Bank. However, the Georgian parliament will soon be deciding on new legislation, which, if passed, could take away the supervisory role from NBG and transfer it to an independent agency reporting directly to the prime minister.
01
June
2015
As planned, on May 16, 2015, ISET held an Admissions exam in English language and Mathematics. Exams were carried out simultaneously in Baku, Tbilisi, and Yerevan. The Mathematics exam assessed basic mathematical knowledge, thinking, and problem-solving skills. It covered topics from basic algebra, basic mathematics of finance, and basic calculus. The English exam assessed reading comprehension.
01
June
2015
On Friday, May 29th, Jan Fidrmuc from Brunel University presented his recent research paper titled “Happiness and Religion” coauthored with Çiğdem Börke Tunalı from Istanbul University to the ISET Community. This was not Mr. Fridrmuc’s first visit to ISET, he has already presented very interesting works about Friday the 13th superstition and persistence of social capital.
29
May
2015
ISET is proud to announce that on Wednesday, May 28th, 2015 Lasha Labadze, Deputy Director of ISET Policy Institute, defended his Ph.D. thesis at Tbilisi State University, Faculty of Economics and Business. Lasha Labadze is the first ISET alumna who graduated from the TSU Ph.D. program in economics. His paper titled “Modeling effects of an investment in Georgian Agricultural Sector” was supervised by TSU Professor Eteri Kharaishvili, Head of Microeconomics Department.