13
February
2015
On February 11th, ISET hosted Olivier Harlem, Ph.D. of the Erasmus School of Economics, Rotterdam. Dr. Harlem presented his job market paper, “Earmarks”. Earmarks were U.S. federal funds that are designated for local projects and were easy for local representatives to obtain for their electoral districts.
13
February
2015
The “do no harm” (primum non nocere) principle is well known to students of medical schools. It is one of the most fundamental maxims in medicine, as formulated, for example, in the Epidemics book of the Hippocratic Collection:
10
February
2015
In 1122, King David IV. reconquered Tbilisi from the Muslims. In those times, a bloodbath among the former oppressors would have been the logical consequence of such a victory. Leaders of the High Middle Ages took merciless revenge against their enemies once they had defeated them. Yet David did not! On the contrary, he did not only let the former rulers live, but David was even anxious that the Muslim population might leave Tbilisi after the fall of the city.
09
February
2015
On February 4th, ISET hosted politician and development expert Ad Melkert, who gave a presentation titled "Global Economic Governance: Past or Future?". At the beginning of the presentation, he talked about the post-WWI and WWII periods and the establishment of international organizations like the ILO, UN, IMF, WB, ECB, OECD, etc. He called these periods the “Promising Past”.
08
February
2015
With the release of the December data, the year 2014 is now “officially” over. ISET-PI has updated its forecast for Georgia’s real GDP growth rate for the first quarter of 2015; meanwhile, official rapid estimates of both fourth quarter and annual growth rates for 2014 became available from Geostat.