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Georgia’s Currency is Much More Than the GEL/USD Exchange Rate
14 September 2015

It is easy to understand what it means for an economy to be weak or strong. We know that a strong economy is characterized by low unemployment and high growth rates. Other desirable traits are, for example, low levels of poverty and income inequality, when all citizens enjoy reasonable standards of living.

Empowering Georgian ‘Plow Mothers’ (Gutnis Deda)
11 September 2015

Giving women voice in company management may prove beneficial for performance. For instance, according to an influential Catalyst report, The Bottom Line: Corporate Performance and Women’s Representation on Boards, “companies that achieve [gender] diversity and manage it well attain better financial results, on average, than other companies.”

Lari depreciation is taking its toll on real estate prices - September 2015
11 September 2015

The lari depreciation caused a significant decrease in sale and rental prices in dollar terms. Rental prices slightly increased in August and September before the start of the new academic year. The commercial market turned out to be more resistent to the effects of currency depreciation.

Prof. Stephan von Cramon-Taubadel Visits ISET
10 September 2015

ISET welcomes Professor Stephan von Cramon-Taubadel as a Visiting Professor at ISET until September 18th. Prof. Cramon-Taubadel is teaching Agricultural Economics I, an elective 3-credit course for second-year students.

Un-Muzzling the Persian Panther: Where Georgia Stands to Gain from an Iran without Sanctions
07 September 2015

There is a distant rumble in the regional economy – one with a particularly Persian flair. Iranian commerce and exports are about to enter an unrestricted world market as part of the deal negotiated between Western partners and Iranian leadership over its nuclear enrichment program. If Iran can meet the terms of the agreement, sanctions on its exports and imports will be lifted within the next year.

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