14
May
2015
On Monday, May 11th, Professor of Norwegian School of Economics (NHH) Dr. Mette Helene Bjørndal gave a public lecture at ISET conference hall. Prof. Bjørndal held the presentation titled “Insights into the Nordic Energy Market”. The main aspects of the presentation were to review the structure, main characteristics of the Nordic power market, and peculiarities of its integration into other European electricity markets.
20
April
2015
On April 17th, ISET was honored to welcome Her Excellency Ms. Maria van der Hoeven, Executive Director of International Energy Agency (IEA), a leading international institution in the energy sector. Prior to becoming Executive Director of IEA, Ms. van der Hoeven served as the Minister of Economic Affairs, the Minister of Education, Culture and Science, and a member of the parliament of the Netherlands.
13
April
2015
Economists disagree whether it was a good decision to reestablish the Georgian competition authority. When some years ago it was removed, the underlying logic was that a non-existing authority cannot be corrupt, and, more importantly, cannot harm the economy through misguided decisions. Assuming that corruption will not be a problem for the competition authority, neither now nor in the future, regulating markets is still a highly delicate issue which yields many possibilities to go wrong.
29
December
2014
Green policies might stimulate growth in Georgia through various effects, depending on the sector they target. For example, monetizing emission reductions has a high potential for success and could be marketed to other countries as a sustainable solution to automotive emission.
07
November
2014
In a sense, life was relatively simple back in the Soviet Union days. Consumers had few choices, and material aspirations were limited to the unholy trinity of “apartment, car, and dacha”. That said, homo Sovieticus spent enormous amounts of time and energy chasing material goods ranging from potatoes to nylon stockings and cars.