More than three years ago the ISET Economist blog discussed the idea of deposit insurance and how this idea may apply to Georgia. Today, the deposit insurance scheme is not merely an abstract idea, but a fast-approaching reality. Recently, the Ministry of Finance of Georgia discussed a draft law on implementing the deposit insurance system in the country.

We are pleased to announce the winners of our March 2016 Blog Comment Competition. Nodar Okroshiashvili (class 2017) and Dace Javashvili (class 2014) received certificates and cash prizes of $200 and $100 respectively.

Giorgi Jvarsheishvili, a Ph.D. candidate from Friedrich Schiller University Jena visited ISET this Thursday, February 9 to present his research topic on Experimental Analysis of Creativity, Cooperation, and Competition to ISET students and faculty.

After many years of chaos and utter collapse, Georgia’s once glorious tea industry is again showing signs of life. More and more individual farmers and businesses – mostly very small, but some quite ambitious, such as Geoplant (known for its “Gurieli” brand) – grow, process, and pack tea. Despite competition from major producing countries and international brands, Georgian tea has great export potential because of the value attached to it all over the former Soviet Union.

The Six Nations Championship is an annual rugby competition featuring an exclusive club of European nations: England, France, Ireland, Italy, Scotland, and Wales. The Six Nations Championship is considered the “elite” rugby tournament of the Northern Hemisphere, matched only by another international “elite” tournament, simply called The Rugby Championship.