24
December
2014
It is a moment the entire ISET community has been eagerly waiting for the last 6 years, ever since its first class graduated in 2008. Asya Shchepetova, the most Georgian Ukrainian economist, has just defended her doctoral dissertation and received an economics Ph.D. degree from the Toulouse School of Economics in France, a global leader in the field of industrial organization and competition policy.
22
December
2014
In October 2007, responding to the problem of very low birthrates in the country, Ilia II. of Georgia, the Catholicos-Patriarch of All Georgia, announced that he would personally baptize any third and subsequent child born to Orthodox families from that time onwards. This promise seems to have had a considerable impact on the reproduction behavior of Georgians.
19
December
2014
Nodar Dumbadze has a reputation for bringing tears and laughs out of his readers. Yet, when watching his “Hellados” performed in the tiny municipal “Culture House” in Terjola, we were laughing and crying not only in appreciation of Dumbadze's rare ability to weave tragedy and comedy into a single narrative. We were certainly moved by Dumbadze’s story of teenagers growing up in the tough multiethnic environment of Sukhumi, the love-hate relationship between the Georgian Jemal and the Greek Ianguli, and their ultimate love for their homeland.
16
December
2014
In October 2014, Georgia’s GDP growth slowed to 3.5% from 4.1% the month before. This slowdown is consistent with ISET-PI’s GDP forecast, according to which the economy is expected to increase by only 3.6% in the fourth quarter. Annual growth, however, is likely to be closer to the 5% mark. Given the sluggish growth dynamics of the global economy in 2014, this is a strong result for Georgia.
15
December
2014
Some weeks ago, I was invited by a development bank to the Hotel Eden in Kvareli, Kakheti, where we discussed Georgia’s possibilities to develop economically. When we talked about the potential of the manufacturing sector, one of the attending bank employees said: “The problem is that Georgia does not have Rudolf Diesel and Nikolaus Otto.”
