The International School of Economics at Tbilisi State University has signed a contract with the Asian Development Bank to contribute to a study on: “Good Jobs for Inclusive Growth in Central and West Asia”. Since obtaining independence in the early 1990s, Central and West Asian countries have made noticeable progress. However, recent economic disruptions, mainly caused by the structural decline in energy prices and the protracted devaluation of currencies in the region, are affecting jobs, remittances, and people’s general well-being.
ISET Policy Institute is seeking to hire a Professor/Head of Center for Energy and Environmental Economics Research. ISET-PI offers an intellectually stimulating, collaborative working environment, excellent possibility for professional advancement, competitive salary, and benefits.
On October 6th, ISET-PI research fellow, Levan Pavlenishvili of the Energy and Environment Policy Research Center, participated in a panel discussion organized by World Experience Georgia (WEG) at Ligamus Book shop of Ilia State University. The panel discussed Discussion subsidies in the energy sector and it was attended by representatives of academia and other sector stakeholders including WEG representatives Mr. Murman Margvelashvili and Mr. Giorgi Mukhigulishvili.
ISET-PI analyzed the potential for Georgia to specialize in the production of several types of engineering goods: Insulated wire and cable; Pleasure and sport vessels; Cargo containers; Derricks, cranes, and straddle carriers.
Oil prices have endured a large and persistent decrease due to increased worldwide production and the weakness of global demand. Prices are soon expected to stabilize around USD 60/barrel. ISET-PI and GET have focused on the improved terms of trade that Georgia could potentially see due to its high share of energy imports compared to its GDP indicators.