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How Can You Be Sure? On the Agricultural Insurance in Georgia
24 June 2019

Agricultural production is associated with a variety of risks, including market, institutional, and production risks. An important production factor in agriculture is the weather. Its uncontrollable nature makes weather risk the prevailing risk to agricultural production. Farmers have various informal and formal means of transferring and mitigating these risks. Informal means include savings, diversification, off-farm activities, etc. The most common formal means of risk mitigation is insurance. Insurance is a contract that transfers the risk of financial loss from an individual or business to an insurance company.

The Dire State of Business Support Organizations in Georgia
14 June 2019

In technological terms, there has never been a better time to be a small or medium size business owner: people can always get ahold of you and you can work wherever you need to. Creating an additional source of income catches people’s interests all over the world; as additional motivation, we often hear about the launch of yet another program directly helping these businesses, thus making it easier to become a start-upper. And here, the rhetorical question: “why not?!” pops into some people’s minds.

Study of value added tax (vat) exemption benefits for increasing the competitiveness of the Georgian dairy sector
10 June 2019

Can VAT exemption on dairy products produced from domestic raw milk boost the competitiveness of Georgian dairy sector? The objective of the study was to estimate the potential impact of VAT exemption on dairy products on the competitiveness of the dairy sector in Georgia.

A Persistent Negative Generation-Consumption Gap, a Puzzle to Be Explored
31 May 2019

Looking at consumption and generation trends, it is evident that since August 2018 consumption typically exceeded generation. The negative generation-consumption gap also remained throughout April, amounting to 45 mln. kWh, with a total power generation of 966 mln. kWh and consumption of 1,012 mln. kWh. Yet why has the generation-consumption gap remained negative since August 2018? Should we also expect the negative gap to persist over the following months?

ISET hosts “Building capacity in modern data analysis in Georgia” Data Hackathon
28 May 2019

On 27-28 May, ISET organized a Data Hackathon in the framework of the “Building Capacity in Modern Data Analysis in Georgia”, a project being carried out with Tartu University.

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