Distinguished ISET graduate and recent recipient of a Doctorate of Economics from the University of Pennsylvania, Salome Baslandze has recently been awarded a tenure track professorship at the Einaudi Institute for Economics and Finance (EIEF) in Rome, Italy. There she will be teaching classes and continuing her research on growth, technological change, firm dynamics, and the dynamics of innovation.

In August 2015, domestic production in Georgia increased by 2.3% annually – a figure that is expected to retain stability around this year’s overall trend. Consumer price inflation reached its highest value in two years (5.4%). The August 2015 increase in electricity tariffs and the growing number of tourist arrivals put additional upward pressure on consumer price inflation.

In October 2015, the average cost of cooking one standard portion of Imeretian Khachapuri climbed to 3.61GEL, which is 4.5% higher m/m (compared to September 2015), and 7.9% higher y/y (compared to the same month of the previous year, October 2014).

After two years of joy, stress, tears, and an inhuman amount of mathematical models, 34 students were awarded master’s degrees from ISET during a ceremony at Ivane Javakhishvili Tbilisi State University.

October 16 is celebrated around the globe as World Food Day. On this day, volunteers from all countries step forward to inspire commitment towards ending hunger worldwide. In response to WFD’s official motto “when it comes to hunger, the only acceptable number in the world is zero”, researchers from ISET Policy Institute donated food items to Catharsis Georgia – a charitable organization that, among other services, feeds 310 elderly in need every day.