On March 6th, ISET hosted Iago Kachkachishvili, Ph.D. under its Lecture Series of Distinguished Professors conducted in cooperation with Tbilisi State University. Iago Kachkachishvili is a Professor of Sociology, Head of the Department of Sociology and Social Work, Faculty of Social and Political Sciences at Tbilisi State University.
Unlike most commodities that are provided by private actors competing with each other, a currency is provided by a monopolist. The only institution that is allowed to produce laris is the National Bank of Georgia (NBG).
In December 2014 ISET-PI has been awarded a 5-year grant by the Swedish International Development Agency (Sida) providing the Institute with the opportunity to transform itself into the premier economic policy think-tank in the South Caucasus.
The recent bouts of sharp lari depreciation caused much anxiety among the Georgian population, prompting fears of inflation, loan defaults, and bank failures, on the one hand, and the typically Georgian political speculations over “who is to blame”, on the other.
ISET Policy Institute uses innovating approach to provide an analytical foundation to assess the indirect economic benefits of continued donor investment in the EWH corridor. ISET Policy Institute was contracted by the World Bank to assess the indirect economic benefits of the East-West Highway.