09
March
2018
ISET would like to congratulate resident faculty member Norberto Pignatti on the publication of a new paper (together with Hartmut Lehmann of the University of Bologna) entitled “Informal Employment Relationships and the Labor Market: Is there Segmentation in Ukraine?”, in the IZA Discussion Paper Series, from the Institute of Labor Economics, Bonn (the series is ranked 6th worldwide for economics by IDEAS/RePEc).
07
March
2018
About half of the world’s population are living in cities. Rapid urbanization puts pressure on urban infrastructure and labor markets, also contributes to environmental degradation, and speeds up the instability of construction projects and dwellings. Climate change is yet another cause that will harm the stability of cities. A solid and global plan on how to tackle urban planning is therefore much needed, which is why the New Urban Agenda was endorsed by the UN in 2016.
28
February
2018
In February 2018, Georgian power plants generated 934 mln. KWh of electricity. This corresponds to a 15% increase in total generation, compared to the previous year (in 2017, total generation in January was 809.2 mln. kWh). The increase in generation on a yearly basis comes from an increase in wind and hydro power generation.
26
February
2018
Year by year, interest in the organic market is increasing all over the world. According to STATISTA, worldwide sales of organic food quintupled in the 21st century (18 billion USD in 2000, versus 90 billion USD in 2016), while, according to TechSci Research, the total worth of the market is projected to grow at a compound annual growth rate (CAGR) of 16.15% during the period 2017-202I2.
25
February
2018
In the last two weeks of February, ISET’s Retail Food Price Index increased by 5% (compared to February 2017). On a monthly basis (compared to January 2018), food prices in Tbilisi’s major supermarkets increased slightly, by 0.6%. We recorded the biggest bi-weekly price increases for bananas (10%), cucumbers (10%), and beef (4%). Prices dropped the most for garlic (-9%), rice (-6%), and potatoes (-5%).
