28
April
2014
Until very recently Russia was considered by many foreign companies a somewhat difficult but promising country for investment, a “land of opportunity” that perhaps necessarily came with a hefty dose of a “riddle wrapped in a mystery inside of an enigma”. The difficulty was stemming primarily from Russia’s heavy-handed bureaucracy. Stories of corrupt practices, politically motivated court decisions, and questionable tax authorities’ tactics abounded.
28
April
2014
On 22 April 2014, ISET hosted Dr. Maryam Naghsh Nejad, from the Institute for the Study of Labor, Bonn, who presented her paper “Does Suburbanization cause obesity?”.
25
April
2014
These are Georgian churchkhela, a kind of national candy made from a string of walnut halves dipped in grape juice thickened with flour (Tatara or Phelamushi) and dried in the sun. There are essentially 2-3 kinds of Churchkhela. Somebody may be better in making them, somebody worse, but all in all, it is the same stuff sold all over Georgia.
23
April
2014
On April 7, 2014, ISET hosted Dr. Aleksandr Grigoryan from the American University of Armenia, who presented his paper “Who else emigrates from Armenia? Evidence from intentions”. The paper addressed two main questions: what influences decision-making as to whether to migrate? What was the main trend during recent years?
23
April
2014
In the second quarter of this year, the ISET Business Confidence Index registered 21.7 on a scale of 100 points (see methodology below). This is down from the 30.2 recorded in the first quarter of the same year. The positive number nevertheless indicates that the confidence factor among businesses is about 21.7 more positive, rather than negative or neutral (e.g. a confidence index of 100 would have indicated that all firms in the sample reported a positive outlook.
