The average cost of cooking one standard Imeretian Khachapuri in November 2014 was 3.34 GEL, which is 0.2% lower month-on-month (m/m, that is compared to the previous month), and 2.4% lower year-on-year (y/y, that is compared to the same month of last year). However, Khachapuri became even cheaper for foreign currency earners because of a sudden GEL depreciation (m/m and y/y) relative to USD and EUR during the last two weeks of November.

ISET continues a Lecture Series of TSU’s Distinguished Professors. Once a month notable TSU professors from various faculties deliver a one-hour presentation for ISET-ers.

While in an ideal world the qualification preferences of job seekers and employers would coincide, in reality this is often not the case. Besides informational asymmetries (job seekers not knowing which qualifications are demanded by employers) the reason is that employers may be in need of qualifications that are not considered attractive by the job seekers.

ISET Policy Institute hosted Claus Hipp, CEO, and owner of one of the largest baby food manufacturers in Germany. Messenger and Georgia Today covered the event. Please find the full article below.

The training Value Chain Analysis was delivered by Agricultural Policy Research Centre (APRC) at ISET Policy Institute. The project was funded by FAO Georgia. It took place in September-October 2014.