25
April
2015
On Tuesday, April 21st, Tornike Kadeishvili, Head of Scientific Board of Andrea Razmadze Mathematical Institute and Professor of Mathematics at ISET, gave a public lecture organized by ISET. The presentation was of “popular lecture” type, were Prof. Kadeishvili showed students how mathematics is used in modeling of economic events. More than 100 students and other interested individuals attended the lecture.
24
April
2015
The average cost of cooking one standard Imeretian Khachapuri in March 2014 was 3.06 GEL, which is 7% lower month-on-month (m/m, that is compared to the previous month), and 3.1 year-on-year (y/y, that is compared to the same month of last year). For foreign currency earners, Khachapuri became even cheaper due to the depreciation of Georgian currency against USD and Euro.
24
April
2015
After the collapse of the Soviet Union it was believed that tourism might become one of Georgia’s “locomotive” sectors. While the Shevardnadze government failed to develop this potential, after the Rose Revolution, tourism became a top priority. Each year since 2005, the direct effect of tourism (i.e. the money spent by tourists) alone has contributed 6-7% of Georgia’s total GDP.
20
April
2015
On April 17th, ISET was honored to welcome Her Excellency Ms. Maria van der Hoeven, Executive Director of International Energy Agency (IEA), a leading international institution in the energy sector. Prior to becoming Executive Director of IEA, Ms. van der Hoeven served as the Minister of Economic Affairs, the Minister of Education, Culture and Science, and a member of the parliament of the Netherlands.
20
April
2015
There are clear expectations in many cultures to marry somebody from their own group, and not living up to these expectations will at least cause a loss in reputation. This is nicely displayed in the movie Late Marriage by Dover Kosashvili, humorously depicting a young Georgian Jew in Israel whose parents want him to marry the “right” woman (the movie features extensive dialogues in Judeao-Georgian, another endangered language).
