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ISET Shared Georgian Experience of Economic Transformation with the Ukrainian Delegation
16 March 2015

On March 12, ISET hosted the Ukrainian delegation within the scope of the project “Ukraine out of Crises through Dialogue” implemented by the Caucasian House. The main purpose of the meeting was to share the experience of Georgian economic transformation throughout the last decade. It was the second meeting in the framework of this project. ISET hosted the first delegation in November 2014.

March 16, 2015 Kh-Index | Inflation not picking up, not yet at any rate
16 March 2015

In February, the average cost of cooking one standard Imeretian Khachapuri dropped to 3.29GEL, which is 3.4% lower month-on-month (compared to January 2015), and 4.8% lower year-on-year (compared to February 2014). At least as far as khachapuri ingredients are concerned, prices are going down, not up.

Save the Georgian Bazaar!
13 March 2015

Open-air markets, so-called bazaars, are considered by many Georgians to be relics of the past. Progressive people buy in supermarkets with all its amenities: clean areas, shiny floors, the temperature regulated at a convenient level, the products placed in order and often arranged tastefully. Only backward people buy in a bazaar if there is a supermarket available.

February 2015 Macro Review | Taking stock of 2013‐2014 economic developments in Georgia
13 March 2015

February is usually a good time to take stock of the country’s economic performance because at the beginning of the month statistical agencies release data on many baseline indicators for the previous year. Preliminary data reveals that the annual GDP growth rate in 2014 was 4.7%, which fell short of the 5% that had been expected.

Khachapuri Index as a Predictor of Structural Changes in the Economy
10 March 2015

In February, the average cost of cooking one standard Imeretian Khachapuri fell to 3.29GEL, which is 3.4% lower month-on-month (compared to January 2015), and 4.8% lower year-on-year (compared to February 2014).

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