Georgian media is full of stories about nepotism and the funny justifications of those involved: When Irakli Garibashvili, still being Minister of the Interior, was confronted with nepotism allegations, he replied: “Don’t you know that a relative of your wife is not your relative?”

On Thursday, November 19, ISET hosted Zurab Japaridze, a member of the Parliament of Georgia. The title of his presentation was “As of the Argonauts to Shevardnadze”. Zurab presented the economic history of Georgia and discussed various factors affecting its development along the way. The material was unique and heavily based on different alternative historical sources describing economic phenomena of the past.

On November 18th, ISET hosted Principle Economist of Asian Development Bank, Dr. Donghyun Park, who gave a presentation on Inequality, Inclusive Growth, and Fiscal Policy in Asia.

Khachapuri index changes its value in different regions according to seasonal demand and supply peculiarities. The latter is affected by milk production cycles (low in fall and winter, high in spring and summer), Georgia’s religious calendar (e.g. the Great Lent), as well as the ups and downs in tourism.

The study aims at offering recommendations to improve Asian Development Bank and other development partners; assistance to developing countries in creating conditions to enable inclusive growth through their projects and operations. For that ISET Policy Institute will conduct in-depth analysis on income distribution, labor market, and other aspects of inclusive growth.